Future of Tax and Accounting
Amid Brexit uncertainty and with Making Tax Digital (MTD) on the horizon, large enterprises face an unclear future when it comes to tax. The Future of Tax and Accounting special report, published in The Sunday Times, explores the implications of MTD, the countries leading the way on digital tax, and the issues that an undefined Brexit date presents for tax departments. It asks whether the ‘arm’s length standard’ is still fit for purpose in a digital economy, covers the move for companies to become responsible taxpayers in the face of the reputational backlashes faced by organisations in recent years, and asks whether accounting automation can live up to the hype