In today’s complex business landscape, efficient Value Added Tax (VAT) management is crucial for maintaining healthy cash flow and minimizing compliance risks. Our recent masterclass, “Mastering VAT Efficiency,” provided valuable insights from our senior VAT consultants on how to streamline VAT processes and maximize recoveries.
On January 31st 2021, the United Kingdom became a third country for VAT purposes, and the EU reverse charge rules for the supply of goods sent to/from the UK no longer applies. Companies instead should treat such transactions as exports or imports.
As cross-border commerce grows, understanding VAT (Value Added Tax) compliance for distance sales of goods and electronically supplied services (ESS) is crucial for businesses selling to consumers across Europe and beyond.
Explore ViDA (VAT in the Digital Age), including key objectives, implementation timelines, & how it will reshape compliance for businesses across Europe.
ViDA, is short for VAT in the Digital Age. The European Commission has proposed ViDA as a framework to modernising the existing VAT system.
25th April: Anyone who works at a university or college knows how to operate on a lean budget, cutting costs to ensure maximum funding can go toward fulfilling the school’s mission. Yet, many of these same organizations leave hundreds of thousands of dollars on the table every year because they don’t take full advantage of the sales tax exemptions to which they’re entitled.
