Digitisation of Tax: What's the point?!
Following a recent VAT Automation summit hosted by Avalara at which Brewer Morris spoke, it was interesting to hear about the various issues and challenges facing UK business with regards to the digitisation of tax. The 2020 deadline set by HRMC and the UK’s decision to leave the European Union has created unprecedented challenges to UK businesses and their tax departments.
At the summit, the topic of Brexit was discussed in great length and while it is clear there will be a great deal of change to the processes undertaken by UK businesses, we do not know what exactly those changes will be when the departure is finally confirmed. The second biggest discussion point at the event was the digitisation of tax. This is a growing area and will gain more importance as HMRC’s 2020 deadline approaches.
At Brewer Morris, we have seen an increase in demand for candidates with technical expertise in 2016. This continues on from the trend we saw in 2015 when 63% of Indirect Tax hires came from compliance and systems rather than advisory. With the shift towards a fully automated process system, which in theory requires less headcount due to less manual labour, we are interested to hear your opinion on the matter. As such we would be delighted if you could complete our short six question survey here. This anonymous survey will only take a couple of minutes to complete and the results will help us to produce an interesting article which we will share with you.