Rob and Sylvia answer the most common VAT-related questions they’ve received since the UK left the European Union. You can read their recent article here. Have a question for the show? Email podcast@tmf-group.com or click here to make an enquiry with our international tax team. Short on time? Skip ahead: 00:01 Intro 02:14 Key pain points for businesses since Brexit 06:33 As a non-established business, can I continue trading in the UK in 2021 as I did before? 08:50 As a non-established business, do I need a new VAT number for the UK? 10:13 As a UK business, can I still make ..read more

Download your copy of the COVID-19 Guide for CFOs here.   Have questions? Ask us on LinkedIn or drop us an email: Podcast@tmf-group.com Value Added Talk is a production of TMF Group ..read more

VAT represents a great opportunity to potentially access cash quickly, or at later stage. Here’s where you can find some extra funds to support your business during the ongoing global pandemic. A shout-out to listeners Renata, Jovana and Chris for requesting this episode topic! ** LINKS ** Browse our comprehensive list of COVID-19 government support schemes for businesses worldwide. Download the ‘Free’ Money FAQ sheet  - and listen to S1 Ep1 of the podcast for more details. Want to weigh in on future episode topics? Follow us on LinkedIn or drop us an email: Podcast@tmf-group.com CREDITS ..read more

Jacek, Sylvia and Rob dive into the LinkedIn listener-voted topic of global accounting and tax trends with guest Pavlo Boyko, accounting and tax global solution architect at TMF Group. Learn how COVID-19 has impacted the accounting environment and broader business landscape, and what additional tasks are piling up on the CFO’s desk. The team also discuss the key trends and findings of the 2020 Global Business Complexity Index. Short on time? Skip ahead: 00:01 Intro 07:19 How COVID-19 is affecting CFOs and the finance function 14:14 Moving to a centralised finance and accounting model – pros an ..read more

Learn about the tax-specific elements of ERP projects to get right, especially for multi-country rollouts, and some key project do's and dont's. Short on time? Skip ahead: 00:01 Intro 00:31 Why you need a tax specialist involved in ERP implementation projects 03:35 Tax-specific elements to get right, especially for multi-country rollouts 08:22 Key do’s and don’ts, from data gathering to process review and local accounting and tax rules 12:48 Building in local compliance requirements and the testing phase 16:01 The “unknown unknowns” 17:26 Expectation versus reality: how to prevent system “gaps ..read more

Consultancy Solutions team members Emma and Juraj join Jacek, Sylvia and Rob to talk ERP systems, how to make sure your company’s next implementation goes as smoothly as possible and why the tax element should not be overlooked. This two-part episode covers: What an ERP system is How to best approach an implementation project and minimise the complexity, especially across multiple jurisdictions Why you shouldn’t overlook the tax element Key ERP system implementation do’s and don’ts Considerations when working with an implementation partner. Short on time? Skip ahead: 00:01 Intro 00:50 Lockdo ..read more

Part 2 of this listener voted topic continues with Sylvia asking Shagun about the tax liabilities for distance sellers in APAC. And the team are left wowed by some of the unique taxes that businesses can encounter in the region, including China's chopstick tax and Japan's obesity tax. Have a question for the show or an unusual tax you'd like to share? Email: Podcast@tmf-group.com 00:01 Intro 00:35 Tax liabilities for distance sellers and providers of digital content 06:30 Unusual taxes that businesses can encounter in Indonesia, China, Japan, Singapore, South Korea and India 15:26 Key things t ..read more

Get an essential overview of indirect and corporate tax rates and understand the compliance challenges that new market entrants can face in APAC. Jacek, Sylvia and Rob kick off season two of the Value Added Talk podcast with a listener-voted topic and invite colleague Shagun Kumar onto the show to explore the APAC tax environment, with examples from India, China, Singapore, Indonesia, Japan and South Korea. This two-part episode covers: indirect taxation jurisdictional tax differences corporate tax rates; trends and how they’re being used to attract international investment digitisation and t ..read more

Jacek, Sylvia and Rob close out 2019 with a reflective episode covering Brexit expectations and other European country-level tax developments; VAT quick fixes, SAF-T (Standard Audit File for Tax), digitisation, centralised reporting and the ongoing focus on closing the VAT gap. Tune in to find out what tax challenges businesses operating in Europe may face in the new year … and why the discussion turns to bikinis and pigs in blankets. Have a question for the show? Email: Podcast@tmf-group.com  Short on time? Skip ahead: 00:01 Intro 02:03 Brexit is now definitely happening - what does ..read more

The European Union’s transitional VAT system – in place since 1993 – has long created large compliance and administrative hurdles for businesses. The definitive VAT regime – an origin-based system of VAT – is meant to relieve the pressure and eliminate the need for businesses to register in every member state they may trade with. So how would the definitive system work in practice? Which taxpayers would be able to use the simplified system and when is it meant to take effect? Listen to episode five of the Value Added Talk podcast to find out. Have a question for the show? Get in touch: Podcast ..read more