If your indirect tax function is constantly reacting to issues, under-resourced, and exposed to significant risk, you are certainly not alone in the UK technology sector.  Our latest infographic, “Navigating indirect tax challenges in Tech,” uncovers surprising insights into the true state of play for the Technology, Media, and Telecommunications (TMT) sector.  Many indirect tax departments face […] … Read More

In today’s world, tax, finance, and IT leaders in large technology companies must deliver effective indirect tax and e-invoicing strategies while contending with ongoing resource constraints, evolving cloud services, restructures, real-time tax compliance demands, and jurisdictional flux. Despite these challenges, leading tax teams are adapting and transforming their approach, ensuring indirect tax becomes a pillar […] … Read More

  Highlights:    Manual tax provision processes can be time-consuming and prone to error, especially for organisations operating in multiple jurisdictions. Modern tax provision software automates complex calculations, improving accuracy and saving valuable time for finance teams. Integration with existing financial systems helps streamline data flow and reduces the risk of manual data entry mistakes. […] … Read More

Corporate tax departments are facing mounting pressures due to a talent shortage and increasing regulatory complexities, such as Pillar 2 and Global Minimum Tax (GMT) requirements. The 2024 State of the Corporate Tax Department report by Thomson Reuters Institute highlights these pressing issues, making a compelling argument for increasing technology budgets to unlock new levels […] … Read More

The 2024 State of the Corporate Tax Department report by the Thomson Reuters Institute, in collaboration with tax executives, highlights the challenges and opportunities facing tax departments today. With talent shortages looming and technological advancements accelerating, tax departments are at a pivotal juncture. This post delves into the key findings of the report, providing valuable […] … Read More

In the past few years, indirect tax specialists have had to deal with the Covid pandemic, Brexit, an ever-changing landscape of rules and regulations, budget tussles, hiring difficulties, and numerous other challenges. The professional terrain is no less rocky heading into 2023.  In a recent panel discussion with Indirect Tax (IDT) experts hosted by Thomson […] … Read More