VATCalc achieves ISO 27001 information security global certification
Customer data security and critical business processes meet demanding global best practice standards I’m really excited to share that this month VATCalc passed its ISO 27001:2022 audit. It doesn’t matter how cool a SaaS company’s demos are, if they can’t demonstrate that they can be
Global shift to prefilled VAT / GST returns
Tax authorities stage a coup d’etat of taxpayers’ VAT returns – EU VAT in the Digital Age next? What’s the hottest topic in tax authorities’ minds? Live reporting? VAT on digital services? E-invoicing. No! It’s a much more fundamental shift of tax reporting control from
5 reasons to switch to VAT Filer
January 2024 global VAT & GST rises
As global inflation drops, countries return to indirect tax rises Following two years of inflation VAT cuts, jurisdictions around the world are returning to VAT rises. The reverses a trend plotted by the OECD VAT survey, which reflected governments using VAT cuts to prop-up their
Adopting generative AI in VAT
How large language model Artificial Intelligence can help get VAT right Generative Artificial Intelligence based on large language models offer exciting opportunities to enhance the accuracy and efficiency of global VAT determination. And harnessed with carefully curated VAT or GST legislative databases, it offers the
VAT TV December 2023 news
Global VAT’s decline?
OECD figures show other taxes’ growth outstrips VAT; but is this because of attractions of VAT during crises? The OECD’s annual “Revenue Statistics 2023: Tax Revenue Buoyancy in OECD Countries” shows that VAT’s growth in nearly 40 countries has slowed. The average share of VAT/GST/Sales
Taxing issues around AI
How is Al changing the tax function? Santhie Goundar investigates the changes firms are seeing; VAT case study It’s well documented how tax authorities AI is being used to close tax Gaps. But what about VAT? By Santhie Goundar for Financial Accountant. Of all the