CMOtech UK - Technology news for CMOs & marketing decision-makers

Taxation (Tax) stories

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Tata Steel expands Google Cloud AI across global operations

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Tata Steel deploys more than 300 AI agents with Google Cloud to speed up maintenance, customer service and back-office work worldwide.
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Sovos appoints David McCann as Chief Technology Officer

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Sovos hires Self Financial veteran David McCann to steer global technology push as it scales AI-driven tax compliance tools for multinational clients.
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Accounting software faces AI rivals in bookkeeping shift

3 days ago
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Intuit's QuickBooks is under pressure as AI start-ups push automated bookkeeping, forcing accounting software to prove it can do more than digitise ledgers.
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Xero launches AI-native operating system for small firms

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Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.
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Young workers overlook payroll as strategic career option

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Only 3% of 18- to 24-year-olds see payroll as strategic, as Cezanne HR warns of a recruitment and succession challenge for employers.
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Tax Systems launches AI Assistant for cross-border tax

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Tax Systems rolls out AI assistant blending company data and IBFD research to speed cross-border tax analysis for multinational in-house teams.
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BlueSnap launches direct SAP ERP payments integration

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BlueSnap seals SAP certification for direct ERP payments link as global businesses seek simpler reconciliation across currencies and entities.
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TransferMate & Cadana add payroll compliance layer

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TransferMate and Cadana partner to bring payroll providers a single API for salary disbursements and statutory remittances across more than 70 countries.
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Sole traders turn to AI for tax advice as rules change

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Starling Bank says sole traders are embracing AI for quick tax guidance as Making Tax Digital rules prompt a shift to digital accounting tools.
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TeamSystem buys ACD & DIA to expand in France & Türkiye

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TeamSystem accelerates European push with acquisitions in France and Türkiye as it targets SMEs amid digital tax and invoicing shifts.
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Finexer says tax digital shift exposes SME finance gaps

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Making Tax Digital is forcing UK SMEs to confront broken finance workflows as quarterly reporting pushes demand for real-time data and open banking.
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Bucharest tops Europe startup rankings as London slips

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Bucharest crowned Europe's most startup-friendly city as London ranks 69th globally, with Eastern European hubs sweeping the top three.
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Vistra appoints Chief AI & Digital Officer Damian Leach

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Vistra names Damian Leach as Chief AI & Digital Officer to accelerate global digital and AI upgrades across client services and operations.
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OpenAI warns of AI shock & calls for public debate

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OpenAI urges governments to prepare for AI-driven disruption as Sam Altman says rapid progress could transform work, tax and cyber security within years.
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AI agents shake up accounting firms' bookkeeping workflows

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AI agents prompt accounting firms to redesign bookkeeping and tax workflows as junior staff tasks are automated and human oversight stays central.
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UK accountants adopt AI hybrid model to ease staff shortages

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UK accountancy firms adopt AI-led hybrid models with offshore teams as staffing shortages and new tax rules threaten up to GBP £4 billion in fees.
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Sovos adds Sovi AI tools across tax compliance cloud

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Sovos rolls out Sovi AI across its tax cloud, adding Ask Sovi guidance, automation and AI agent links to tackle complex global compliance.
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IT-tax divide raises UK compliance risk, Vertex says

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UK firms face growing tax compliance risk and wasted tech spend as poor alignment between IT and tax teams undermines digital reporting.
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Compliance gaps threaten global hiring for AI talent

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Compliance gaps are forcing firms to forfeit scarce AI talent, as most global hirers admit exposure to cross-border tax and labour risks.
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Tax tech misalignment raises risk for UK organisations

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