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Accounts Payable (AP) invoices are typically high expenses for your business. If that’s not enough, VAT on your AP invoices can add up to 25% of the [...]

Back in March, during the early days of the COVID-19 pandemic, the EU’s European Commission recommended that member states offer a VAT holiday. The [...]

A fundamental pillar of VAT is that input transactions must be incurred in the furtherance of the taxable person’s business. Without this, VAT cease [...]

At the center of Western Europe’s state funded health care system, public infrastructure, and state support is VAT. The tax helps the various state [...]

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 [...]

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 [...]

When Mobile World Congress, the telecom industry’s largest and most important event, was cancelled earlier this month due to fears over the coronavi [...]

At WAY2VAT we continuously improve our automatic pipeline for invoice image analysis. Over the years we found some problems are far harder than others [...]

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 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 [...]