Tax Technology

EY | Big 4

Companies struggle with “Doing More with Less” in Ever More Complex Regulatory and Reporting landscape

UK | Indirect Tax

HMRC's expectations around VAT accounting

Mandating the use of structured electronic formats for accounting records

UK | DAC7

HMRC published Rules for Digital platforms that let users sell goods or services

Tax Technology | E-Invoicing and E-Reporting

Adding EDI and E-invoicing Capabilities 

Big 4 | Tax Technology

Increased focus on AI adoption, Crypto asset accounting and tax compliance.

UK | HMRC

HMRC published annual report 2023 to 2024: protected £41.8 billion in tax by tackling avoidance, completed 320,000 compliance interventions 

Big4

Increasing early career compensation and development, Integrating AI in Tax and Audit Processes 

Poland | E-Invoicing

President Signs Bill Postponing Mandatory KSeF Implementation 

Tax Technology

Aims at Enhancing Tax Technology Solutions and Accelerating AI Innovation

France | E-invoicing

Technical specifications expected June 19, 2024, Go Live deadlines maintained 

Spain | E-Invoicing

Rumor has it Spanish e-invoicing will be deferred to mid - 2026. 

European Union | VAT | Withholding Taxes

ECOFIN Council Meeting of May 14, 2024 has 2 Tax related topics on Agenda

European Union | ViDA

Digital Reporting Requirements, Platforms, Single VAT Registration

EU | Indirect Tax | E-Invoicing

Latest update from VAT Expert Group discussions

Germany | E-Invoicing

Parliament Approves Legislation Introducing E-Invoicing Mandate