Saudi Arabia is introducing mandatory e-invoicing from December 2021. Saudi businesses must have all the required processes in place by 4 December 2021. Businesses must prepare invoices in XML and clear these through the Saudi
Without the correct data and tax codes, a successful VAT return is impossible. Period. But so many companies across the globe are getting this wrong. Succesful VAT compliance comes down to data. And not just
Technology has made global VAT compliance significantly simpler and more cost-effective. However, there is an additional, more urgent, reason for companies to adopt a tech approach to VAT compliance. Increasingly, global tax offices require businesses to
Technology has fundamentally changed the way global VAT is enforced. But here’s the good news: digital technology also makes it much simpler to meet your VAT compliance obligations. By contrast, failing to adopt the latest
The future of VAT compliance is digital. Not just in the sense that technology makes VAT compliance easier and more efficient. The future of VAT compliance is digital because tax authorities around the world are
Greece has moved the deadline for obligatory e-books and e-invoicing filing to 1 July 2021. We previously noted that the deadline, originally pencilled in for 2020, had been moved to April 2021. Greek tax authorities
Businesses in India with an annual turnover of over Rs 50 crore must issue e-invoices for B2B transactions from 1 April 2021. The requirement marks the third phase of India’s e-invoicing regulations, which lowers the
By Kajal Shah Businesses have several ecosystems which help them achieve different objectives and meet the needs of the business. These are created between operations, people, data, software, and systems. Businesses have innovation hubs, product
Written by Kajal Shah It’s been interesting to witness the pace at which new indirect tax compliance terminology and buzz words crop up. Phrases like: real-time tax reporting, e-invoicing, pre- approval of invoices, pre-populated VAT
vatglobal, the leaders in outsourced international VAT and tax solutions, has today released the findings of new research exploring the evolving European VAT landscape, specifically highlighting the current situation across the UK, Germany and Sweden.