Digitalisation of VAT
VAT is digitising. Global tax authorities are imposing a surge of complex and diverging new digital and live transaction reporting obligations, replacing the traditional VAT return.
From the UK's Making Tax Digital, to SAF-T and e-invoice reporting; through to Chinese special fapiao invoices, taxpayers are under siege to open up their invoices and ERP data.
VAT is digitising. Global tax authorities are imposing a surge of complex and diverging new digital and live reporting obligations, replacing the traditional VAT return with transaction-level disclosures.
From the UK's Making Tax Digital, to SAF-T and e-invoice reporting; to Chinese special fapiao invoices, taxpayers are under siege to open up their invoices and ERP data.
Digitisation of VAT Reporting global tracker
From SAF-T to e-invoicing, tax authorities around the world. are increasingly demanding detailed electronic VAT transactional reporting from businesses to help them efficiently track tax due and reduce significant tax evasion.
Explore out updated globally tracker to check which countries have (or are planning to -) roll out a real time transactional VAT reporting initiatives.
Latest news updates
Making Tax Digital (MTD) 2021 - March update
Watch our webinar for everything you need to know to get ready for the MTD Phase 2 deadline, including what counts as a 'digital link' and how to apply for an extension.
UK Making Tax Digital for VAT 2021 - guide
HMRC's Making Tax Digital (MTD) Phase 2 comes into force, on 1 April 2021 - affecting UK VAT registered business with a turnovers over £85,000. This guide explains the new rules on the Digital Journey, Digital Bookkeeping... and how to avoid penalties.
Take away the stress of HMRC MTD compliance with Avalara's MTD Cloud
Recognised by HMRC, and powered by our VAT Reporting software, Avalara’s MTD Cloud is an online UK VAT filing service that is fully compliant with HMRC’s digital journey rules.
Our SaaS solution makes it easy to file multiple returns for VAT registrations as well as group VAT returns. It performs over 160 automatic data and VAT validation checks to minimise the risk of errors and any associated questions or audits from HMRC.