We are honoured to have VAT expert Charles de Wet joining us on this episode of our VAT Talks. Charles has almost 30 years of experience in VAT across South Africa and Africa, which he gained in the South African Revenue Service, numerous positions within PwC and most recently at ENSafrica, Africa’s biggest law firm. We are excited to hear more about his fascination regarding VAT and being taken on a journey of his favourite experiences in three decades.
We are honored to speak with Richard Asquith on this episode of our VAT Talks. He is an awarded VAT expert working as VP Global Indirect Tax at Avalara and writes the daily Avalara global blog that is read by over 1 million readers per year. Richard entered the VAT world because he was promised a calm work life but since he entered 30 years ago, his work life has been everything but calm.
Summary We are honoured that VAT expert Aleksandra Bal wanted to join us on this episode of VAT Talks. Aleksandra has years of experience in both the field of taxation and technology. Besides being fluent in multiple programming languages, she holds a PhD in International Taxation as well as other degrees. Luckily for us, she loves to share her knowledge! In the following Aleksandra first explains what she finds so interesting about VAT and that by now “technology is indispensable for the operation of any VAT system”, because it’s almost not possible to comply without using it.
Summary In this episode of VAT Talks we speak with Branislav Kovac. Branislav is a tax partner at VGD Slovakia, a Bratislava based advisory company. In the following Branislav will explain how Slovakia achieved to significantly decrease the VAT gap during the last few years. Nevertheless, he also points out that the VAT gap is still at 20%. Therefore, the Slovak government is planning to implement real-time reporting. Branislav argues that real-time reporting is a valuable tool to further reduce the VAT gap but it should not come with additional burdens for businesses.
Summary Poland is one of the most innovative countries in the EU when it comes to closing the VAT gap. We are pleased to discuss Poland’s VAT landscape with Piotr Arak, Director of the Polish Economic Institute. He tells us that by implementing stricter measures, Poland was able to reduce its VAT gap from 24.7% in 2015 to 8% to 9% in 2020. During this time frame, it introduced a Split Payment scheme, a Single Audit File for Tax (SAF-T) and the technical system STIR that sends real-time data from businesses to tax authorities.
Summary In this episode of VAT Talks we speak with Paul Gisby. Paul is Senior Manager at Accountancy Europe, a Brussels based organisation uniting 50 professional bodies that represent nearly 1 million accountants. We first discussed the benefits of digitalisation. Paul argues that although such a transition might come with short term cost, in the long term “paper based systems are obsolete, inefficient and not robust for the circumstances that we have experienced in the last year”.
In this episode of VAT Talks we speak with Peter Potters, Chief Commercial Officer and Co-owner of the Dutch bookkeeping software provider Informer. As Informer is one of the most innovative bookkeeping software providers in the Netherlands, Peter is the perfect person to discuss the latest industry developments with. In the following we discuss why Peter decided to join Informer after 20 years of working with Unilever, why there are still not many companies in the Netherlands that make use of e-invoicing and why we should be very careful when it comes to sharing data with governments.
After we discussed the plans to implement mandatory e-invoicing in France with Laurent Poigt, in this episode of VAT Talks we speak with Cyrille Sautereau, chair of the Forum National de la Facturation Électronique et des Marchés Publics Électroniques (FNFE-MPE) and CEO of ADMAREL Conseil. Executive summary Cyrille Sautereau has vast experience in the e-invoicing sector, creating one of the first e-invoicing service providers in France (Deskom). In this article he first gives a detailed explanation of the e-invoicing landscape of France, showing that still only around 10% of all invoices are ‘fully structured e-invoices’ which shows the importance of the upcoming mandatory e-invoicing regime.
At summitto, we start our day with a fresh shot of VAT news via VAT Update. We’re sure that a lot of VAT professionals developed the same ritual. That’s why we’re very pleased to be able to discuss VAT with one of the founders of VAT Update, Kelvin Hulsebos! In this episode of VAT Talks we spoke about VAT Update, the latest VAT news and real-time reporting in the European Union.
This episode of VAT Talks is all about France. Recently the French tax authority released a report ‘VAT in the Digital Age’ in which the method of implementation of mandatory e-invoicing combined with e-reporting is proposed. The decision of the French government shows once more that real-time reporting is quickly becoming the standard throughout the European Union and the world. We’re honoured that Laurent Poigt, Partner in the VAT team of PwC Société d’Avocats, took the time to analyse the report with us.