This International Women’s Day, we’re celebrating the brilliant women at Innovate Tax who are not only excelling in the traditionally male-dominated tax industry but are also paving the way for the next generation. With this year’s theme, “Accelerate Action,” we’re highlighting five incredible women who

Many countries across the globe are working to achieve full digitalisation of critical finance processes – and for dozens of nations, this currently involves rolling out new e-invoicing mandates. Think of e-invoicing as the bridge between businesses and the tax authority. It standardises how invoices

Donald Trump has once again put tariffs and VAT policies at the centre of his trade agenda.   The US President signed a memo earlier this month in which VAT was mentioned as one of the “unfair, discriminatory and extraterritorial taxes” he plans to tackle.   His

The landscape of tax administration is evolving rapidly, accelerated by digital technology. To explore, analyse and advance the trend of tax digitalisation, the Asian Development Bank (ADB) and the Digital Economy Taxation Network are bringing together some of the most experienced and globally-recognised experts for

When it comes to tax technology, selecting the right implementation partner is critical. Businesses that recognise the cost of not having automation have already taken the first step towards operational efficiency. However, this is only the beginning. Once the decision to implement an automated tax

Why you need to validate your TRN numbers In many parts of the world, including the EU, validating your VAT registration numbers is not just good practice – it’s a legal requirement. VAT numbers, also referred to GST Registration Number (GRN) or Tax Registration Number

This week in the UK, the Chancellor Rishi Sunak announced even more temporary VAT cuts for the hospitality sector from mid-July, from 20% to 5% until early January.  Sounds great, right? We scrutinise the scope of the rate changes and the ‘hands-on’ practicalities of implementing

Pre-Watered Japanese Whisky! In this month’s edition of ‘What’s the Tax?’ we’re taking a closer look at pre-watered whiskey tax! Yes, you read it right…watery whisky TAX! One thing we all know for sure is that taxes are as certain as death, but they’ve changed a

The Romans Taxed Urine! In this month’s edition of ‘What’s the Tax?’ we’re taking a closer look at urine tax! Yes, you read it right… URINE! One thing we all know for sure is that taxes are as certain as death, but they’ve changed a