Making Tax Digital (MTD) for Income Tax submissions now take a few minutes. But the efficiency didn’t just come from the filing step. The MTD for Income Tax pilot ran the regime under real deadlines, real client data, and live HMRC interaction. What emerged was clearer than any guidance document could show: managing quarterly submissions across […] … Read More

It isn’t just about speed, it’s about confidence. If you’ve ever felt like your indirect tax team spends more time hunting down discrepancies than driving business value, you’re not alone. Across multinational companies, highly skilled tax professionals are stuck in a familiar cycle: downloading data from government portals, reconciling ERP systems with compliance tools, and […] … Read More

Generative artificial intelligence (GenAI) has dominated business headlines for the past two years, promising to revolutionise everything from customer service to financial analysis. Yet when it comes to corporate tax departments, a striking gap exists between the hype and reality. According to the Thomson Reuters Institute’s 2025 State of the Corporate Tax Department report , two-thirds […] … 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

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

Are you ready for Brazil’s tax reform? Amidst global political shifts and economic uncertainties, the Brazilian government embarked last January on a significant undertaking to overhaul its indirect tax regime. For tax professionals, this presents a unique opportunity to lead their organisations through a transformative process. With the recent sanctioning of Complementary Law No. 214/2025, […] … Read More