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Bespoke tax technology is no longer a ‘nice to have’ for multinational businesses; instead, it has become a non-negotiable for tax teams tasked with delivering optimum performance in areas such as accuracy, data visibility and efficiency. Three factors have combined to place irresistible pressure on
If your business currently relies on SAP native functionality to manage VAT, we understand the challenges you face. Of course, every business is different and, for some, native functionality will prove to be an adequate solution. But for others, it could mean asking your tax
Christmas may be coming but there is no sign of tax updates slowing around the world. The first half of December has seen dozens of crucial changes made to VAT regimes – and here are our top 15: 1) Poland Poland has introduced a reduction
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In a major change to the way import VAT is applied in France, the country’s tax administration has announced use of the import VAT reverse charge will become mandatory from 1st January 2022. What does this mean? When importing goods into France, businesses will find
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It’s been another busy month so far in the world of indirect tax. Here are 15 top rate changes and updates that we feel every tax team needs to know: 1) Azerbaijan Electric vehicles and cars with hybrid engines are set to become 20% cheaper
Following the case of Balhousie Holdings Ltd 2021, which took place in the Supreme Court earlier this year, HMRC has issued important revisions to its policy on when the construction VAT self-supply charge will arise in sale and leaseback situations. What happened in the Balhousie
