Taxation (Tax) stories

TeamSystem accelerates European push with acquisitions in France and Türkiye as it targets SMEs amid digital tax and invoicing shifts.

Making Tax Digital is forcing UK SMEs to confront broken finance workflows as quarterly reporting pushes demand for real-time data and open banking.

Bucharest crowned Europe's most startup-friendly city as London ranks 69th globally, with Eastern European hubs sweeping the top three.

Vistra names Damian Leach as Chief AI & Digital Officer to accelerate global digital and AI upgrades across client services and operations.

OpenAI urges governments to prepare for AI-driven disruption as Sam Altman says rapid progress could transform work, tax and cyber security within years.

AI agents prompt accounting firms to redesign bookkeeping and tax workflows as junior staff tasks are automated and human oversight stays central.

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.

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

UK firms face growing tax compliance risk and wasted tech spend as poor alignment between IT and tax teams undermines digital reporting.

Compliance gaps are forcing firms to forfeit scarce AI talent, as most global hirers admit exposure to cross-border tax and labour risks.

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.

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

Payroll blunders leave UK staff missing bills, borrowing to cope and eyeing the exit ahead of new HMRC rules in April 2026.

Intuit rolls out new QuickBooks tools to help sole traders and landlords gear up for HMRC's Making Tax Digital income tax rules.

Vistra and G-P unveil a single-contract route to shift firms smoothly from EOR hiring to fully fledged entities in overseas markets.