Taxation (Tax) stories
Staff shortages could leave GBP £2-4 billion in annual fees unrealised as firms use AI and outsourced teams to handle compliance work.
UK firms face growing tax compliance risk and wasted tech spend as poor alignment between IT and tax teams undermines digital reporting.
Misaligned IT and tax teams are driving higher compliance risk and weaker returns on tax tech projects for UK organisations, research finds.
Barclays and Sage are teaming up to link banking with cloud accounting, aiming to slash admin time for UK small firms as tax rules tighten.
Starling launches free in-app MTD tax tool for sole traders and landlords, ahead of April 2026 digital income tax rules from HMRC.
Sage expands AccountsPrep in Sage for Accountants as firms brace for MTD for Income Tax, targeting paper-based clients at GBP £3 per month.
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.
The world may face faster job losses and cyber risks than many expect as OpenAI urges governments to debate AI rules before decisions turn urgent.
Routine bookkeeping is becoming faster but riskier, as firms weigh oversight, data security and how many junior hours AI agents can replace.
The acquisition strengthens Multiplier’s push into professional services as AI and rising client demands reshape the startup advisory market.
Tax teams using the platform can now get regulatory answers, error fixes and early risk alerts, with human approval still required.
Compliance gaps are forcing firms to forfeit scarce AI talent, as most global hirers admit exposure to cross-border tax and labour risks.
Avalara opens registration for virtual event Avalara NEXT 2026, spotlighting “agentic” always-on tax and compliance automation for builders.
Consumers will soon get faster access to deposited funds, while banks face new fraud rules and stablecoins enter a regulated Canadian framework.
New Zealand investors can offset crypto losses and claim some fees, as tougher reporting rules make overpaying on tax easier to spot.
The sector supported nearly 861,500 jobs and generated CAD $47.8 billion in government revenues last year, the study said.
Okanui turns to Oracle NetSuite to centralise inventory and finance as rapid global growth strains its legacy systems and warehouse capacity.
New Zealand will adopt a global crypto reporting regime from 1 April, ending the 'grey zone' and making offshore tax avoidance far harder.
'Imbosster Syndrome' is eroding the confidence of Australian sole traders, with self-doubt stalling key decisions and slowing business growth.