Managing VAT: in-house, hybrid or outsourced

With an increasingly complex indirect tax landscape, deciding what is the right mix of in-house, hybrid and external resources is critical to ensure compliance, says Peter Boerhof, senior director, VAT at Vertex

Managing indirect tax has become increasingly complex. Tax professionals today face many challenges including constant regulatory changes, internal and external reporting, and the need to provide strategic advice to the business.

Successfully balancing these demands requires not just time, but a forward-thinking mindset, robust record-keeping, and strong data management practices.

As a tax professional, achieving perfect compliance is often more of an aspiration than a reality. However, narrowing the compliance gap and striving for excellence is certainly achievable.

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