Wednesday 29th October, 2014

According to the latest VAT Gap study by the European Commission, an estimated €177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012. This equates to 16% of total expected VAT revenue by the 26 EU Member States.

Tuesday 28th October, 2014

According to figures compiled by Robert Walters a specialist recruiter, the number of advertised accountancy jobs has grown by 10% since 2013.

Monday 27th October, 2014

A report in This is Money, has highlighted the dangers small businesses face from a  surge in invoice fraud in which conmen try to dupe firms into handing over hundreds of thousands of pounds.

Thursday 23rd October, 2014

Tungsten Network, the global electronic trading network which bought OB10 around this time last year, has announced today that it is now working with TrustWeaver, a provider of digital signatures for electronic invoices and credit notes. Trustweaver’s core VAT compliance functionality offers long term evidence of electronic invoice integrity and authenticity and strengthens Tungsten’s already best-in-class compliance offering.