Technology easing the burden of indirect tax compliance

07 December 2016

The global tax landscape is in a period of continuous change and indirect tax has seen a rise in complexity. The changes in reporting frequency and compliance requirements mean it can be difficult to maintain control and ensure you have complete visibility over your indirect tax position.

Along with these regulatory changes, authorities and boards are requesting that tax risks be effectively managed, putting the onus of correct data upload and reporting on the financial teams and tax departments. With live reporting on transactions a very real possibility in the near future, it has never been so important to be compliant and ensure you have systems in place to manage risk.

While the use of technology to help solve taxation problems has been increasing in our landscape for many years, we are only just now seeing a shift towards smarter data analytics that can radically reduce risk and provide unparalleled insight into tax data.

We can help you to understand how to improve your business efficiency and quality and have 24/7 real time insight into your company’s indirect tax position.

So, while the landscape of tax is growing in complexity, making the most of the technological advances available will allow you to maintain your compliance obligations and ensure you are meeting tomorrow’s tax challenges today.

To discuss this further, get in touch or watch our short video here. https://www.youtube.com/watch?v=6w3XU6iriJs

Philippe Norre | Partner
Global and UK Indirect Tax Compliance & Technology Leader
Mobile : +44 7711 562533

Michael Lawler | Partner
UK Tax Data Analytics Leader
Michael.lawler@uk.pwc.com

Twitter
LinkedIn
Facebook
Google+

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated and will not appear until the author has approved them.