Overclaiming On Business Expenses Is Costing The UK Economy £1.6bn A Year
Professionals who overclaim on their business expenses could be costing the UK economy a massive £1.6bn a year, that’s according to a new report from Britain’s largest provider of fuel card solutions, Allstar Business Solutions. The study, which questioned 1,000 working professionals, revealed that 36% of drivers have overclaimed mileage and 17% of employees deliberately overclaim on all of their business expenses each month, whilst a further 41% felt there wasn’t anything wrong with doing so, despite it being illegal.