Denmark: Hotel VAT refunds up from 50% to 75% from 1 January 2014

Denmark: Hotel VAT refunds up from 50% to 75% from 1 January 2014

It is currently possible to deduct 50% of input VAT incurred on hotel accommodations relating to business travel. As a part of the growth plan for the economy, Denmark will increase hotel VAT refunds to 75% from 1 January 2014. This increase will save business travellers who file VAT refunds an additional 5% of hotel costs.