While the United States imposes a retail sales tax, many countries across the globe impose a value-added tax. VAT is similar to the retail sales tax, but it is imposed at every stage of the production ...

Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. Running a business is hard enough without chasing unpaid invoices ...

In its recent decision in Lidl Great Britain Ltd v Closed Circuit Cooling Ltd (t/a 3CL) [2023] EWHC 2243 (TCC), the TCC provided some helpful guidance around the statutory payment provisions in the ...

Conferma partners with VAT IT to streamline hotel invoice delivery for VAT recovery, reducing admin and improving data accuracy for B2B clients.

Knowing how to create a VAT invoice is essential for many small businesses. Perhaps you’ve set up as a small business or are earning enough that you must register for VAT (£90,000 per year as of ...