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1 week ago | 
accountancytoday.co.uk | Russell Gammon |Heather Sandlin
The clock is ticking for multinational businesses whose annual revenue exceeds €750 million. Subject to OECD Pillar Two rules, these multinational organisations have just 12 months to prepare for the complex data collection and reporting mandates that will come into force in June next year. You'll need to subscribe to unlock this content. Already subscribed? Login?
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Mar 3, 2025 | 
accountancytoday.co.uk | Russell Gammon |Heather Sandlin
To manage and comply with contemporary tax processes, organisations have generally had a choice of two approaches: either carry out the work in-house or outsource it to a specialist third party. However, we have recently started to see a change in how many corporations are approaching their tax compliance processes. As the domestic and international regulatory burden increases, so do the resources required to meet the associated high volume and complex workloads.
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Jan 10, 2025 | 
accountancytoday.co.uk | Russell Gammon |Heather Sandlin
2024 has been a tumultuous year around the world, with billions of people, from the US to India to Ireland, the UK and beyond, all going to the polls. And whilst the full impact of the results are yet to be seen, in the face of any predicted change, it is wise to look forward and try to ascertain what trends will most shape the year to come. You'll need to subscribe to unlock this content. Already subscribed? Login?
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Nov 28, 2024 | 
accountancytoday.co.uk | Russell Gammon |Heather Sandlin
In its Autumn 2024 Budget, the UK government outlined a package of reforms to the UK tax system. As part of this, HMRC will be launching a consultation on electronic invoicing (e-invoicing) in early 2025, to promote its wider use across UK businesses and government departments. You'll need to subscribe to unlock this content. Already subscribed? Login?
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Oct 28, 2024 | 
smeweb.com | Russell Gammon |Ankita Agrawal
By Russell Gammon, below, Chief Solutions Officer, Tax SystemsAs a traditionally risk-averse sector, the tax industry can often be hesitant to embrace new technology; a great example of this is cloud-based applications. Despite rapid adoption amongst other industries over the last decade, many tax professionals still had a clear preference for desktop-based tax applications as little as two years ago.
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Sep 19, 2024 | 
accountancytoday.co.uk | Russell Gammon |Heather Sandlin
For the last 18 months, the world has been captivated by the power of generative AI and the seemingly limitless business potential it presents. But while much of the hype generated by AI tools like ChatGPT is fully justified, the technology remains firmly in its infancy, meaning it still has a long way to go before its capabilities catch up with the ambitions of many business leaders.
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Aug 29, 2024 | 
technewstube.com | Russell Gammon
On paper, artificial intelligence makes for the perfect intern -- it’s keen to please, happy to do anything thrown its way, and gets on with tasks so efficiently. It’s also prone to making mistakes. And like a human intern, AI tools need training and monitoring rather than being catapulted straight into…
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Aug 29, 2024 | 
betanews.com | Russell Gammon
On paper, artificial intelligence makes for the perfect intern -- it’s keen to please, happy to do anything thrown its way, and gets on with tasks so efficiently. It’s also prone to making mistakes. And like a human intern, AI tools need training and monitoring rather than being catapulted straight into senior positions -- it is extremely well suited to the repetitive and predictable tasks that we often ask junior staff to handle.
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Aug 2, 2024 | 
internationaltaxreview.com | Russell Gammon
Just three years ago, 60% of businesses expressed a clear preference for desktop tax applications over cloud-based solutions. Fast forward to today and it’s a very different story with organisations looking to transform their tax functions and take advantage of new cloud-powered capabilities. Traditionally risk-averse, the tax sector has undergone a rapid rethink of initial attitudes to cloud-based systems.
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Jul 8, 2024 | 
accountancytoday.co.uk | Russell Gammon |Corina Duma
As recently as two years ago, the balance between tax software sitting on desktop systems compared with in the cloud was in the region of 60:40 in favour of the desktop. However, over recent years, this ratio has flipped in favour of the cloud – a trend that is set to continue as part of the continuing growth of the cloud-based Software-as-a-Service (SaaS) delivery model. You'll need to subscribe to unlock this content. Already subscribed? Login?
