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What is VAT? / VAT Example
VAT Example
VAT can be a substantial portion of your travel expenses
Example United Kingdom Travel, 17.5% VAT is added and included in the total hotel bill.
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United Kingdom travel expenses of $100,000 might be eligible for up to a $15,000* refund.
*This might look confusing with the different percentages. If we add 17.5% to $100 we get $117,5. The $17,5 we added is now about 15% of the total $117,5. (17,5/117,5)
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