10 MTD Income Tax Mistakes Could Stall First Quarterly Update

Bridging software won't cut it in MTD era, FreeAgent warns

FreeAgent Blog RSS · 4d ago · 1 min read

FreeAgent argues UK accountants relying on bridging software to bridge spreadsheet workflows for MTD tax filing face long-term inefficiency and should adopt dedicated compliance tools.

DIAN requires accrual principle for cost deductibility in Colombia

Cifrato Blog blogscraper · 6d ago · 1 min read

Colombian tax authority DIAN enforces accrual principle (devengo) for cost deductibility to objectively assign expenses to taxable periods; Cifrato promotes AI-powered accounting automation to stre...

Automation cuts GST admin time for Indian small businesses

Tally Prime Blog RSS · 12d ago · 1 min read

Tally Prime highlights how automating GST workflows—invoice checks, transaction recording, reconciliation, and filing—recovers hours lost to manual tax compliance work.

OneSixth targets VAT automation to replace spreadsheet workflows

AccountingWeb RSS · 17d ago · 1 min read

OneSixth launches VAT automation software to eliminate manual Excel-based processes for tax compliance, addressing a core pain point in accounting workflows.

HMRC AI prompts now live—accounting firms race to catch errors first

AccountingWeb RSS · 23d ago · 1 min read

HMRC's new AI-assisted prompts for tax compliance are rolling out; accounting practices must deploy error-detection AI to stay ahead of automated revenue checks.