In 2018, the United Kingdom realized there was a big problem brewing inside the country – and it’s costing the government and the tax authority a lot of money. Electronic Sales Suppression is not something only the UK is facing, but it is something that not many countries decided to […]
As we are slowly (but surely) moving into the new era of fiscalization and tax collection, it is only imminent that a lot of changes will be coming along. What used to be of no importance only a decade ago, represents a steppingstone for tax collection – handing out fiscal […]
During these difficult times when minimum contact is advised by the WHO (World Health Organization), people all over the world are trying to find ways to shop for their necessities without risking the infection. Consumers are following the advice, and thus, the demand for urgent change in the retail business […]
As a lot of tax authorities worldwide are slowly importing and adjusting fiscal e-invoicing and tax collecting systems somewhat successfully, there were some questions at hand that caused quite a confusion. One such matter is tipping – to many taxpayers who own their own businesses (cafes and restaurants in this […]
VAT (Value Added Tax) has been a well-groomed system by many of the world’s richest economies for years. And once developing countries witnessed just how much VAT can help their rising economies, implementations were in order. The system just might be even more important in developing economies as it makes […]
