Ireland will consult on a VAT Digital Reporting and E-invoicing System
Type: Trend The Irish Revenue Office will conduct a review of the requirements for digital VAT invoice reporting and how to modernize VAT reporting. This includes ongoing tax audits (live […]
Ireland consults on VAT digital reporting and e-invoicing
Type: Trend The Irish Revenue Service is conducting a study of the digital reporting requirements for VAT invoices as well as methods to modernize VAT reporting. This incorporates continuous transaction […]
Free online tax payment through Free File
Type: Trend The Internal Revenue Service made an agreement with Free File, Inc. (FFI) to bring more clarity for taxpayers choosing to use free online software during the 2020 filing […]
Making Tax Digital Implementation on VAT
Type: Legislation, Trend The United Kingdom has adopted the Making Tax Digital reforms for the VAT in 2019. Businesses over the VAT threshold are now required to administrate VAT records […]
Outdated legal IT systems
Type: Trend As the soft-landing period of the Making Tax Digital program ends, companies can incur penalties if they adjudicate their reporting responsibilities. Companies operating the oldest reporting systems are […]
Making Tax Digital: External Effects
Type: Trend The roll-out of Making Tax Digital has encouraged a lot of businesses to adopt cloud-based accounting software. The time and pain saving solution of these systems has become […]
