Digitisation of VAT reporting

Digitisation of VAT reporting

VAT is digitising. Global tax authorities are imposing a surge of complex and diverging new digital and live transaction reporting obligations, replacing the traditional VAT return.

From the UK's Making Tax Digital, to SAF-T and e-invoice reporting; through to Chinese special fapiao invoices, taxpayers are under siege to open up their invoices and ERP data.​

VAT is digitising. Global tax authorities are imposing a surge of complex and diverging new digital and live reporting obligations, replacing the traditional VAT return with transaction-level disclosures.

From the UK's Making Tax Digital, to SAF-T and e-invoice reporting; to Chinese special fapiao invoices, taxpayers are under siege to open up their invoices and ERP data.​

Real-time VAT Compliance Summit

The evolution of the VAT return

Governments around the globe are going digital, turning to real-time tax reporting to streamline processes and combat VAT fraud.

Join our free virtual summit as we discuss tax, technology and the evolution of global VAT.

Available now on demand, register for instant access

Digitisation of VAT reporting global tracker

Keeping you informed of all the digitisation changes happening around the world

From SAF-T to e-invoicing, tax authorities around the world. are increasingly demanding detailed electronic VAT transactional reporting from businesses to help them efficiently track tax due and reduce significant tax evasion. 

Explore out updated globally tracker to check which countries have (or are planning to -) roll out a real time transactional VAT reporting initiatives.

Latest news updates

Webinar

Making Tax Digital (MTD) 2021 - March update

Watch our webinar for everything you need to know to get ready for the MTD Phase 2 deadline, including what counts as a 'digital link' and how to apply for an extension.

Guide

UK Making Tax Digital for VAT 2021 - guide

HMRC's Making Tax Digital (MTD) Phase 2 comes into force, on 1 April 2021 - affecting UK VAT registered business with a turnovers over £85,000. This guide explains the new rules on the Digital Journey, Digital Bookkeeping... and how to avoid penalties.

Software Solution

Take away the stress of HMRC MTD compliance with Avalara's MTD Cloud

MTD Cloud is an online UK VAT filing service that is HMRC-recognised, fully compliant with HMRC’s digital journey rules and powered by Avalara’s VAT Reporting software. 

Our SaaS solution files multiple VAT registration and group VAT returns, performing over 160 automatic data validation checks to minimise the risk of errors or associated questions from HMRC.

More news and resources about MTD

Explore more news, discussion and resources on the UK's Making Tax Digital MTD 2021 phase two requirements.