For businesses, customs is often an area of under investment when it comes to technology.  It's commonplace for operations to be outsourced to brokers, reliefs to be run on old systems and Origin and Preference to be managed manually.

For Customs Authorities, lots of investment has gone into being able to accept electronic declarations - unlike Tax authorities introducing e-Invoicing, Customs Authorities have had access to transactional level data in near real time for years!  Historically though, they haven't leveraged this wealth of data and haven't always insisted on the same level of investment from business.

So what's changing? In the new world of accessible scalable computing, Big Data, machine learning and genAI the barriers to entry for data interrogation at scale are disappearing and providing more incentive than ever to Customs Authorities to start taking a data-led approach.

Join us to take a look at:

- What happens when Customs Authorities start using their data effectively, and potentially worse, sharing their data?

- What types of challenges are we seeing on processes to support reliefs like IPR?

- How can Customs Functions avoid being caught on the back foot?

The environmental tax landscape is evolving rapidly as governments around the world use taxation as a tool to achieve their ESG goals. With ever increasing compliance, now more than ever, it is important for tax to be connected with wider teams within their organisations.

Changes to business models, supply chains and behaviours to meet. Changes to business models, supply chains and behaviours to meet ESG requirements cannot be made in isolation and it is imperative that the tax implications are considered as part of any business transformation project. Businesses should be aware of the environmental taxes and measures that affect them across the value chain, from production to consumption.

Our specialists will discuss the current and future trends in environmental taxation and other ESG measures, and share with you how to minimise the risk of non-compliance and maximise the opportunities for sustainability.

AI is transforming the way indirect tax specialists work, offering new possibilities for automation, accuracy, and efficiency. But what are the current applications of AI technology for indirect tax, and what are the benefits and limitations of using it? How can indirect tax specialists leverage AI to enhance their value proposition and cope with the increasing complexity and compliance demands of indirect tax regimes?

 
We will explore the answers to these questions and demonstrate how taking a human led, AI enabled approach to solving problems can achieve the best outcomes. We will also discuss the implications of AI for the indirect tax profession, including the skills, competencies, and ethical considerations required to adapt and thrive in the digital era. Whether you are already using AI technology or curious to learn more, this session will provide you with insights and tips to help you navigate the AI landscape for indirect tax.

PwC's ITX Disputes team, which was named the Best Indirect Tax Team at the Tolley's Taxation Awards 2022, will discuss the Retained EU Law (Revocation and Reform) Act 2023 and provide some thoughts on its potential impact on the future of UK VAT litigation and compliance. The session will explore how UK VAT principles may evolve over the coming years, how existing case law may be challenged and how VAT specialists can prepare for the future.