As most of you know, the importance of efficient Global VAT management is a recurring theme in my webinars, client meetings and here on the VAT Blog. The article linked below is a brief for smaller businesses, but nevertheless the numbers speak for themselves.
“Businesses need to understand that VAT doesn’t have to be such a headache, especially when the savings they’re able to make are so staggering. The process doesn’t need to be as time consuming as businesses believe it to be,” Chris Stonehouse, Category Manager at Sage, commented.
UPDATE: More coverage here from the Irish Independent newspaper:
“Now a study by business software provider Sage suggests that only half of business are confident that they are processing VAT correctly.”