HMRC mandates MTD-compatible software for quarterly and annual submissions for those with a qualifying income over £50,000 from April 2026. Thomson Reuters offers complete MTD functionality with internal calculation engines and agent flexibility. Ten critical questions help practices evaluate MTD software providers for compliance.   Following HMRC’s Spring Statement 2025 announcement that MTD mandated taxpayers […] … Read More

Companies House fraud protection has become critical as fraudsters increasingly target UK businesses with sophisticated scams. With digital identity verification launching, cybercriminals are developing advanced methods to circumvent protective measures. This comprehensive guide provides essential fraud prevention strategies, helping you identify deceptive communications and implement robust compliance measures to protect your business integrity. Jump to […] … Read More

Executive summary UK anti money laundering and counter terrorism financing oversight is being reshaped. HM Treasury has confirmed its decision to create a Single Professional Services Supervisor and to transfer supervision of accountancy, legal, and trust and company service providers to the Financial Conduct Authority, subject to legislation and a transition plan. The follow-on consultation […] … Read More

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

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

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is celebrated for constant innovation, yet many large tech businesses in the UK and across Europe remain constrained by outdated systems, mounting technology debt, and the rapid evolution of indirect tax regulations.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