Utilising technology in VAT compliance to be ready for the future of tax
Neil Weedon, Partner and Head of UK Domestic VAT Compliance, explores the impact of technology for managing risk and driving value from data to ensure your organisation is ready for the future of tax.
Technology is fundamentally changing how businesses and tax authorities operate. And with that comes demands on tax and finance functions to manage risk, reduce cost, and find value for the business.
Globally, more countries are moving to real-time reporting and making tax digital is undoubtedly the first step in this direction for the UK.
So as a tax leader, how can you adapt to these new challenges, and get confidence that you are managing risk and driving value from the data your business produces?
In this video, Neil Weedon reviews the major factors that tax leaders should be aware of when it comes to VAT compliance and poses three key questions to help you understand where you are on your technology transformation journey.
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