Business Ideas

I feel I’m able to serve my customer by knowing what she or he wants. One of the ways I’m able to do this is through my website, and email: people give me great ideas, tell me what they want, what they don’t want. It’s really instrumental, and helps me stay in touch with people

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Deloitte and Taxamo collaborate on new digital tax compliance service | Business & Finance

Deloitte and Taxamo collaborate on new digital tax compliance service | Business & Finance

Business
| Wed 8 Apr | Author – Business & Finance

Pictured: John McCarthy, CEO of Taxamo

Deloitte and Taxamo are collaborating on the launch of a new tax compliance service for digital marketplaces and their online sellers.

The service, developed in response to new VAT reporting requirements from the European Union due to come into place from January 2021, is aimed at enabling the marketplaces and sellers to register for VAT, automatically determine the correct VAT treatment of sales, submit VAT returns and remit payments of VAT to tax authorities. 

The solution will be fully automated, underpinned by Deloitte’s tax compliance solutions and Taxamo’s technology platform, determining the VAT treatment of online sales.

Matt Ellis, managing partner for tax and legal at Deloitte said:

Nine months from now, hundreds of thousands of online sellers will have new obligations to account for VAT in the EU on their sales. European

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Deloitte and Taxamo collaborate on new digital tax compliance service | Business & Finance

Business | Wed 8 Apr | Author – Business & Finance Pictured: John McCarthy, CEO of Taxamo Deloitte and Taxamo are collaborating on the launch of a new tax compliance service for digital marketplaces and their online sellers. The service, developed in response to...

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Business Person of the Month March 2020: Harry Hughes makes strategic investment for Portwest | Business & Finance

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