Tax & Accounting Blog

U.K. Announces Changes to VAT Registration Thresholds

U.K. Announces Changes to VAT Registration Thresholds

In Budget 2012, presented to Parliament by United Kingdom Chancellor, George Osborne on March 21st, several changes to VAT registration thresholds were announced that will be effective from 1 April 2012. Those changes are as follows: the registration threshold will be increased from GBP 73,000 to GBP 77,000; the deregistration threshold will be increased from GBP … Read More

The CIO’s Role in Indirect Tax Compliance: Deploying Solutions on Spec and on Budget

The CIO’s Role in Indirect Tax Compliance: Deploying Solutions on Spec and on Budget

With many governments across the world facing revenue deficits, countries are continuing to accelerate their indirect tax audit initiatives with companies operating in their respective jurisdictions. These companies are facing an interesting dilemma: tax managers are in charge of compliance, but the implementation of technology used to drive compliance is in the hands of IT … Read More