As 2021 gets underway, and everyone is looking forward to a brighter year, we took the opportunity to catch up online with Toby Gallington, Head of Germany and Austria, Tax Technology, and Jeroen van Asch, Sales Specialist Nordics, from Thomson Reuters.  We wanted to speak with them about the challenges facing tax professionals, how that […] … Read More

Thomson Reuters has and continues to monitor the regulatory changes the United Kingdom and the European Union imposes as a result of the BREXIT transition period that ended 31 December 2020. There have been and will continue to be various updates impacting the VAT treatments as policies for the UK and EU are updated in […] … Read More

Procure-to-pay (P2P) tax determination helps manufacturers reduce Value Added Tax (VAT) exposure and avoid wasting money through overpaid input tax Many manufacturers use a procure-to-pay (P2P) digital procurement system to help them extract the most value from their procurement spend. But they’re often overlooking a significant aspect of that spend: the rules around accounting for […] … Read More

Manufacturers should ask these four questions to focus their Value Added Tax (VAT) tax strategy, avoid VAT overpayments, and control spend. Controlling spend is essential at a time when manufacturers are experiencing an unprecedented level of stress from many directions. Given the amount of change in 2020, one important lesson learned this year is that […] … Read More

Automate tax calculation and overcome the complexities that accompany your global footprint. For businesses of all sizes, calculating indirect taxes correctly isn’t just a matter of getting the maths right – it’s vital to the health of the organisation. Inaccurate tax calculations can be costly and can inhibit an organisation’s ability to plan, grow and […] … Read More

Essential questions to help you choose the right software vendor for your corporate indirect tax process. How do you sort through all the choices and find the right software vendor to automate your indirect tax process? Use the questions below as you evaluate vendors. The software vendor that provides the most items in the list […] … Read More