Tax & Accounting Blog

AML supervision is changing. What UK accountancy firms must do now to avoid fines and reputational damage

AML supervision is changing. What UK accountancy firms must do now to avoid fines and reputational damage

Jump to ↓ Understanding the UK AML regulatory shift: Why this matters for firms, managers, and busy teams What has changed in the supervisory landscape Immediate Actions for Different Practice Sizes: What this means day to day for small, medium, and large practices Building evidence-ready processes: Penalties and reputational exposure are already here Technology as […] … Read More

Indirect tax transformation: Navigating change, embracing technology

Indirect tax transformation: Navigating change, embracing technology

Global indirect tax challenges Indirect tax professionals in multinational corporations know one thing for certain: change is constant, and the demands on tax teams are growing. Over the past two years, tax professionals have faced persistent challenges—regulatory pressures, technology shifts, and resource constraints—while charting a bold course toward innovation and resilience. 2024 and 2025 survey […] … Read More

How cloud solutions change the game for tax professionals

How cloud solutions change the game for tax professionals

Artificial intelligence (AI) and cloud services have firmly established themselves in the tax technology landscape. Understanding which technology trends will endure versus those with uncertain futures is essential for tax professionals navigating this rapidly evolving environment.   Redefining indirect tax Process improvement is a given, and automation is music to the ears of any tax […] … Read More

How Adobe and Cisco prove the case for indirect tax technology

How Adobe and Cisco prove the case for indirect tax technology

Overcoming indirect tax compliance challenges with ONESOURCE delivers competitive advantage for FTSE and global technology leaders The technology sector is celebrated for constant innovation, yet many large tech businesses in the UK and across Europe remain constrained by outdated systems, mounting technology debt, and the rapid evolution of indirect tax regulations. As organisations expand globally […] … Read More

Navigating international indirect tax and regulatory compliance

Navigating international indirect tax and regulatory compliance

Why indirect tax professionals feel the squeeze and what can be done With shifting international trade dynamics and the relentless pace of digital transformation, staying compliant is less like hitting a stationary target and more akin to walking a tightrope on a windy day. A recent survey conducted by the Thomson Reuters Institute with indirect […] … Read More

Mastering tariff series Part 4: Ensure classification compliance with ONESOURCE Global Classification

Mastering tariff series Part 4: Ensure classification compliance with ONESOURCE Global Classification

This is the fourth in a series of blog posts examining product solutions that can help specialists and strategists master tariff compliance. In the previous posts, we explored how ONESOURCE Free Trade Agreements, ONESOURCE Foreign Trade Zones, and ONESOURCE Global Duty Optimisation can minimise the impact of tariffs.    Highlights:  Determining the correct U.S. tariffs […] … Read More