Value Added Tax (VAT) stories

Starling Bank says sole traders are embracing AI for quick tax guidance as Making Tax Digital rules prompt a shift to digital accounting tools.

Sovos rolls out Sovi AI across its tax cloud, adding Ask Sovi guidance, automation and AI agent links to tackle complex global compliance.

Misaligned IT and tax teams are driving higher compliance risk and weaker returns on tax tech projects for UK organisations, research finds.

Starling launches free in-app MTD tax tool for sole traders and landlords, ahead of April 2026 digital income tax rules from HMRC.

ANNA Money wins HMRC approval for its Making Tax Digital for Income Tax app, enabling sole traders to file quarterly updates from 2026.

SumUp enters UK accounting with a free MTD income tax tool using Sage tech, aiming to help unprepared sole traders meet new HMRC rules.

As Europe's strict e-invoicing rules bite, UK CFOs risk costly denial unless they treat compliance as core digital infrastructure.

Avalara snaps up Versori to speed AI-driven connector development and scale real-time tax compliance integrations across thousands of systems.

Many UK sole traders remain unsure how to meet Making Tax Digital rules as 2026 quarterly reporting and software deadlines draw closer.

Lumenia's ERP HEADtoHEAD returns to Birmingham in March with 13 systems, 28 live demos and expert talks on AI, readiness and pitfalls.

Avalara inks multi-year AWS deal to push its AI-driven tax tools via AWS Marketplace, promising simpler cloud procurement and billing.

AlphaTheta launches RMX-IGNITE effector with 3-band FX, sampler and Loopcloud sounds, priced at EUR €1,199, GBP £1,039 and USD $1,199.

Emburse unveils AI-powered Invoice Tax Validation to automate e-invoicing compliance as real-time tax checks spread across 90+ countries.

UK sole traders face mounting year-end tax pressure as Making Tax Digital nears, driving a surge in software and AI adoption to save time.

UK accountants say firms are already losing money to flawed ChatGPT tax advice and warn misuse of AI could trigger failures by 2026.

Sovos tackles the growing complexities of global tax compliance with its Indirect Tax Suite, enabling businesses to navigate differing tax laws.

Sovos debuts the industry's first unified tax compliance and regulatory reporting solution, the Sovos Compliance Cloud, aiming to streamline global compliance after eight years and substantial investment.

Sovos bolsters key positions by appointing Elcim Sirek and Marcelo Souza as vice presidents of sales for the EMEA and LATAM regions.

A Forrester and Basware study reveals 80% of CFOs anticipate increased regulatory scrutiny in 2024, with talent retention, cost optimisation and automation also key concerns.