The value of the gig economy is expected to more than double from US$204 billion in 2018 to US$452 billion by 2025.7 In the UK, the Trades Union Congress (TUC) estimated in the summer of 2019 that 4.7 million people now work regularly on one or
Live retail reporting of VAT transactions to cut fraud In an effort to close the VAT Gap of missing tax revenues many European countries have introduced VAT e-registers in traditional retail and online e-commerce. These provide real-time or batch automated reports to the tax authorities of
Tax codes are used to communicate VAT calculations and reporting between systems. But are they essential if they’re slowing down implementations, and driving-up installation and maintenance costs? There is a lot to love about VAT Calc’s single application for global VAT and GST calculations and
