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View articleAt the beginning of the year, HMRC implemented a new penalties system for late VAT submissions and payments. The new points-based penalty system is ar...
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View articleThe onus is on businesses to achieve MTD compliance, but this process is hindered by complicated and expensive software Read More...
View articleAccountants and agents dealing with Chinese clients should be aware of the risk of Chinese Underground Banking to your business and mitigate this risk...
View articleApril 1 has been and gone so all eligible businesses must now comply with the final phase of MTD for VAT by implementing digital links from their sour...
View articleBy Richard Asquith, VP global indirect tax at Avalara Read More...
View articleNew VAT rule on imports could affect the UK’s competitiveness due to cash flow disadvantage Read More...
View articlePartial Exemption Special Method (PESM) doesn’t have to be part of MTD for VAT but it makes a lot of sense to automate it, as Matt Lewis explains Read...
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View articleFinancial service providers and financial institutions often have a mix of exempt and taxable supplies and this can cause real confusion. Read More...
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View articleThe second phase of MTD for VAT will see businesses required to implement digital links to create an end-to-end digital reporting process. But what IS...
View articleAimed at tackling evasion, India’s new e-invoicing system is the latest in a line of similar programmes across Asia Read More...
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View articleCall for digital marketplaces to collect and pay VAT on behalf of sellers. Read More...
View articleDavid Stokes, Senior Consultant at Accordance discusses how to understand transaction flows from a VAT point of view, spotting changes that can have a...
View articleAs taxes move into the digital domain, it is not without its challenges. VAT an inescapeable part of doing business may prove to be one such challenge...
View articleRichard Asquith, VP of Global Indirect Tax at Avalara, discusses the upcoming changes to the UK VAT return in case of a no-deal Brexit on October 31st...
View articleOn Tuesday 1 October, Europe is to get a major tax tutorial from the U.S. That’s when 12 U.S. states impose sales tax (U.S. version of VAT) on foreign...
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