What Are The Main Obstacles Affecting Tax Transformation?
It’s an unfortunate fact that change in any organisation is regarded with suspicion in some...
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Download ChromeAs HMRC continues along its voyage to digitise tax, many companies are beginning to see the benefits of implementing tax technology within their organisation.
As current tax processes are broken within many companies, the ability to quickly and accurately compile, prepare and submit VAT returns is an attractive proposition. Information from our recent report seems to reinforce this fact, as 37% of businesses surveyed take more than 20 days to submit their VAT.
However, the implementation of technology within an organisation requires both the tax and IT team to work collaboratively. Our infographic explores some of the difficulties that can arise when tax and IT work together and ways to overcome them.
It’s an unfortunate fact that change in any organisation is regarded with suspicion in some...
Learn moreMaking Tax Digital (MTD) is here to stay, in whatever form it may end up. But, how easy has it been...
Learn moreChange is hard. Whether it’s on a personal or an organisational level, wherever there is change...
Learn moreOur for:sight platform offers a robust solution for tax teams, and its machine learning capability Fix & Verify takes its functionality to the next level.
Fix & Verify can not only save your tax teams time but also help to avoid errors by scanning 100% of your transactional data for anomalies such as incorrect VAT codes and manual keying errors.
This is crucially important in an era where tax administrations are pushing towards insight, accuracy and transparency.
We believe your tax department could benefit from Fix & Verify within for:sight. Want us to look at your data and prove it? Request a demo today and our team will be in touch.