KPMG’s "Digital Gateway for Tax" Platform Raises Global Standards in Tax Functionality with Generative AI
- 1 week 1 day ago
- Tax Authorities
In a landmark move, KPMG has enhanced the capabilities of its Digital Gateway for Tax incorporating generative AI (genAI) as an independent component to communicate directly with data, enabling powerful insights and enhanced levels of efficiency.
FreeAgent Expands Tax Calculation Across NatWest accounts to Help Self-employed with Taxes
- 1 week 2 days ago
- Tax Authorities
FreeAgent, the award-winning accounting software for small businesses and their accountants, has expanded its innovative in-app smart tax calculation functionality to be available to all NatWest Group customers within their business banking app.
Wolters Kluwer CP & ESG Extends Global Minimum Tax Expert Solution to North America
- 2 weeks 1 day ago
- Tax Authorities
Wolters Kluwer Corporate Performance & ESG (CP & ESG) has launched its CCH® Tagetik Global Minimum Tax expert solution in North America.
KPMG UK and Blue J Expand Strategic Alliance to Introduce Generative AI Into Tax Tools
- 1 month 5 days ago
- Artificial Intelligence, Tax Authorities
KPMG UK and Blue J announced today that they will launch a new generative AI-powered product to answer challenging tax research questions in seconds. KPMG will have exclusive access to the tool, Ask Blue J, among the big four accountancy firms in the UK for the first three years.
Sovos Introduces Compliance Cloud to Help Businesses Navigate Global Tax and Regulatory Environments
- 1 month 1 week ago
- PaaS, Tax Authorities
Sovos, the always-on compliance company, today announced the launch of the Sovos Compliance Cloud, the industry’s first and only solution that unifies compliance, tax, and regulatory reporting software in one platform and provides a holistic data system of record for global compliance. The Sovos Compliance Cloud represents the culmination of more than eight years and hundreds of millions of dollars of investments in native engineering.
Fintech Firm Revenir AI Pioneers Hassle-free Mobile VAT Reclaim for Travellers
- 1 month 1 week ago
- Artificial Intelligence, Tax Authorities
UK travelers will soon be able to claim back VAT on purchases made abroad automatically using their phones, thanks to a technology developed using AI. Each year more billions in VAT and similar taxes are left unclaimed by UK shoppers in Europe – because typically the recovery procedure is clunky, confusing, and difficult to access.
One Year on from EU’s Proposed VAT in the Digital Age (ViDA) Reforms
- 3 months 3 weeks ago
- Tax Authorities
Today marks the one-year anniversary of the European Commission’s VAT in the Digital Age (ViDA). Set to be enforced between 2024 and 2028, these reforms respond to reports indicating a €93 billion loss in VAT revenues for European member states in 2020 and aim to enhance efficiency and combat fraud.
ZebPay Partners with TaxNodes to Demystify Crypto Taxation for Indian Investors
- 10 months 3 weeks ago
- Tax Authorities
ZebPay, India’s oldest and most trusted crypto asset exchange today announced that it has partnered with TaxNodes, an expert-assisted ITR filing platform to simplify tax filing for virtual digital assets in India. As a result of this association, TaxNodes will provide assistance to ZebPay's extensive user community to ensure precise tax calculations and compliance, to keep them updated with the most recent tax-related developments in the virtual... more
The World’s First Green Fintech Taxonomy Launched by GDFA
- 2 years 4 months ago
- Regulatory Standards, Tax Authorities
Today at the Building Bridges Summit in Geneva the Green Digital Finance Alliance and the Swiss Green Fintech network launches the world’s first green fintech taxonomy. The report entitled “A Green Fintech Taxonomy and Data Landscaping” invites feedback on the taxonomy with the aim of arriving at a final taxonomy in the first quarter of 2022.
PKF to Create 50 Jobs in Leeds with New Financial Services Team
- 2 years 5 months ago
- Investment, Audit and Reporting, Tax Authorities
New Partner hire signals major investment in region’s booming finance sector. PKF, one of the UK’s largest and most successful accountancy brands, has today announced ambitious plans to grow its Northern office with the creation of a new Financial Services team. Spearheaded by new Financial Services Partner, Martin Watson, PKF’s expansion will create up to 50 new jobs in Leeds over the next three years. Financial services hub
Solactive Hires Alex Steiner As New Chief Information Officer
- 2 years 5 months ago
- Tax Authorities, Infrastructure, People Moves
Solactive is pleased to announce the appointment of Alex Steiner as the new Chief Information Officer, starting on October 1st, 2021. In his role, Alex will assume responsibility for expanding and Solactive’s proprietary indexing platform and IT infrastructure strategy across Solactive’s global platform and business. Alex will join Steffen Scheuble, CEO, Timo Pfeiffer, CMO, and Christian Vollmuth, CRO, on Solactive’s management board.
Keeping Current with Crypto – Understanding your Capital Gains Tax
- 2 years 6 months ago
- Asset Management, Cybersecurity, Tax Authorities
Cryptocurrencies and digital assets have gone from an obscure part of finance to centre-stage over the last year, attracting both institutional and personal investors – understandable given their meteoric value increase during 2020 & 2021.
Sovcombank Among the Top 3 Banks in Terms of the Number of Individuals Consenting to Apply for Bank Loans Through Public Services Portal
- 2 years 6 months ago
- Lending, Banking, Tax Authorities
Since the beginning of the year, more than 170 thousand individuals have submitted applications through the Digital Profile service on the Public Services Portal for consumer loans and for Halva instalment cards through Sovcombank. Today, the Bank receives nearly a quarter of its online loan applications through the Digital Profile service on the Public Services Portal, and that number is constantly growing.
UK Property Finance Completes £2.25m Bridging Loan
- 2 years 6 months ago
- Lending, Tax Authorities
One of the UK’s leading property finance specialists has announced the successful completion of an ambitious £2.25 million bridging loan. The team at UK Property Finance worked with Hope Capital to arrange the bridging loan which needed to be arranged as quickly as possible to meet pressing deadlines.
Charitable Giving and Tax Deductions: A Business' Guide
- 2 years 9 months ago
- Tax Authorities
You want to make sure that your business's charitable donations are as tax-effective and efficient as possible. That's why we created this guide to help you navigate the complicated world of giving back while also taking care of yourself and your company.