Tax & Accounting Blog

Tips for manufacturers to maximise VAT recovery

Tips for manufacturers to maximise VAT recovery

How can manufacturers maximise VAT recovery with indirect tax automation software? Recovering as much value-added tax (VAT) as possible is a sound business practice for multinational manufacturing companies. VAT rates are typically much higher than the consumption tax rates in the US. For example, Hungary has a 27% VAT rate, the highest in Europe. VAT […] … Read More

Interview: Why does the tax engine matter in 2021?

Interview: Why does the tax engine matter in 2021?

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

Avoid incorrect tax calculations and protect your organisation

Avoid incorrect tax calculations and protect your organisation

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

How to choose the right indirect tax automation software

How to choose the right indirect tax automation software

Get the information you need to streamline and centralise your transactional tax work. Transactional tax compliance requirements have become increasingly complicated and demanding over the years. The only practical solution is fully integrated, tailored to meet a given business’s specific tax needs. Powered by tax automation software, there’s no need to worry about the details […] … Read More

Tax data analytics for the modern indirect tax department

Tax data analytics for the modern indirect tax department

Indirect tax departments large and small are in constant need of accurate tax data analytics to comply with ever-evolving global tax regulations. What’s changed is the speed these requirements have come into effect. Historically, manual data analysis – time permitting – has been the only option for corporate indirect tax professionals. Still, advances in data […] … Read More

How indirect tax technology can shape tomorrow’s tax departments

How indirect tax technology can shape tomorrow’s tax departments

2020 has been a very different year compared to what we all expected. From an indirect tax perspective, the phase two deadline of MTD for VAT was on the horizon for 2020. Planning for Brexit, whilst uncertain, was definitely on the radar. The pandemic upended all of this and took everyone into a daunting and […] … Read More