Generative artificial intelligence (GenAI) has dominated business headlines for the past two years, promising to revolutionise everything from customer service to financial analysis. Yet when it comes to corporate tax departments, a striking gap exists between the hype and reality. According to the Thomson Reuters Institute’s 2025 State of the Corporate Tax Department report , two-thirds […] … Read More

Highlights Under-resourced corporate tax departments are 50% more likely to incur penalties due to a reactive workflow, which also leads to missed tax optimisation opportunities, compromised forecasting, and ironically, higher external support costs. To mitigate risk, tax leaders can use report data to build a business case for investment, prioritise technology for compliance and automation, […] … Read More

Starting 18 November 2025, Companies House requires new identity verification. This change directly impacts how you serve your clients and manage company formations. This initiative is designed to enhance corporate transparency and combat economic crime by mandating identity verification for individuals involved in UK company setup and management. This article outlines what you need to […] … Read More

Thomson Reuters and SAP have partnered to deliver a powerful ESG reporting solution, now available in the SAP Store. By integrating ONESOURCE Statutory Reporting with SAP’s Sustainability Control Tower, the platform combines regulatory expertise with advanced ESG data management to help organisations meet European Sustainability Reporting Standards (ESRS).   Highlights:  Discover how the integration solution […] … Read More

Highlights:    ESG assurance builds trust by verifying data accuracy, helping to prevent greenwashing and misinformation. Limited versus reasonable assurance offers flexibility, but more thorough audits will soon be required under the CSRD. ESG audits ensure data readiness, identify gaps, and help companies meet evolving global reporting standards.   As performance metrics for environmental, social, […] … Read More

  Highlights: A new global tax rule (UTPR) starts in 2025 to ensure large multinational enterprises pay at least a 15% effective tax rate worldwide, even if the main rule doesn’t apply. Compliance will become more complex, as each country may implement the rule differently, requiring companies to monitor and adjust for tax rules in […] … Read More