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Prepping for EU’s 2021 VAT eCommerce Package
Back in 2015 the EU introduced VAT rules that were updated for the age of the internet. The old rules, which were designed long before the advent of e [...]VAT AND DEPOSITS
What has changed? HMRC has changed its approach to VAT on deposits. The change affects situations where a deposit has been paid, but not the actual su [...]Coronavirus Takes Bite out of Spanish VAT Collection
When Mobile World Congress, the telecom industry’s largest and most important event, was cancelled earlier this month due to fears over the coronavi [...]The Biggest Little Problems in Fully Automatic Invoice Image Analysis
At WAY2VAT we continuously improve our automatic pipeline for invoice image analysis. Over the years we found some problems are far harder than others [...]UK: Update HMRC treatment of Credit Notes for VAT
Last year there were changes in relation to UK treatment of VAT document rules. We are seeing these filter through to practice now and so would like t [...]The AI Invoice Analysis-as-a-service Landscape
The world of automatic invoice analysis has transformed in the last 3 years. All major cloud providers are now offering AI-as-a-service products, and [...]Ways that employing freelancers affects your VAT
The rising trend for freelancing is completely transforming the face of the business market, and it affects your VAT reclaim as well. In the UK, 4.8 m [...]Do you have to pay VAT on crypto-funded transactions?
Since VAT was first introduced in France in the 1950s, and in the UK in 1973, it’s undergone a number of changes. There have always been areas of co [...]5 ways that countries are clamping down on VAT fraud
Calculating your VAT return takes a lot of time and effort, even though it is satisfying when you’ve processed everything successfully and your comp [...]
