Facing an unwelcome migration of your VAT reporting software? VATCalc is the 8-week implementation alternative 2024 has become a pivotal year for many established users of VAT compliance software. Many are being forced into a migration from their on-premise software to more limited and expensive
Periodic listings of VAT sales and purchases to support VAT returns in fight against fraud Whilst the EU VAT Gap has started to reduce, tax authorities are anxious to speed-up the collections of missing VAT – both via errors and fraud. For over a decade, they have
Low-cost VAT determination no longer needs a big ERP upgrade or expensive tax engine Ask yourself these questions: Does your business have a major global footprint –with complex cross-border transactions and supply chains? Is this crushing your ERP and resulting in hundreds of hours of
Native ERPs struggle with VAT and GST calculations – is a tax engine or Add-on the answer? Accounting software, including Enterprise Resource Planning (ERP), invoicing or marketplace platforms generally struggle with cross-border VAT. The risk is delays in invoice payments, input VAT being deemed irrecoverable
Over 300 jurisdictions’ indirect tax rates tracked live At VATCalc, we track Value Added Tax, Goods and Services and sales tax rates in over 300 jurisdictions. These are detailed in the searchable table below. All these indirect tax rates are included within our global tax
Global VAT & GST adopted in 175 countries Value Added Tax turns 70 today, 10th April 2024. It was introduced in France VAT to a limited number of businesses and supplier as part of a fiscal reform to simplify its jumbled fiscal regime. It was
IMF working paper addressing VAT regressivity and reform The International Monetary Fund has published a Working Paper by Artur Swistak and Rita de la Feria with consideration to improving the fairness and efficacy of national VAT regimes on the back of advances in digital reporting
How we ended the expense and frustration of full tax determination Making tax engines affordable for the mid-market as well as enterprise businesses Heard about or lived the agony of expensive and protracted VAT or GST tax engine implementations from the traditional providers? Bugs, manual
