Tax Technology Professionals Introduce Belt System Certification

Technology defines and underpins the workings of the new digital tax function, making it possible to answer the mandates of the global digital economy. Managing tax big data enables efficient compliance and provides insights that facilitate strategic business decisions.

The world of tax is rapidly changing. Nowadays, the entire chain of information runs through a technology environment, and more and more information is exchanged digitally between tax authorities and taxpayers.

At the same time, businesses use technology to optimise their tax workflows, manage data, and ensure that data reporting to the tax authorities is compliant.

Reaching that level of digital transformation is one of the major objectives of Chief Financial Officers and their global Heads of Tax; but it not only requires the implementation of the right processes and technologies – it demands a whole new generation of tax professionals who can bridge the gap between tax and technology.

“Innovations and digital transformation in taxation require new skills. This includes process management and understanding the digital possibilities. Digital up-skilling for tax experts is one of the goals to make the tax processes easier and automated”, says Prof. Dr. Robert Risse, Institute for Austrian and International Tax Law, WU Vienna.

He believes the Belt System introduced is a big step forward to facilitating our current and next generation of tax talent. To respond to this need, TPA’s sister company e-Bright, in collaboration with Xyto Taxology, has launched the first of its kind Tax Technology Certification, the Belt System. The program offers the necessary training and certification for tax technology teams who lead and execute tax technology transformation projects, and provides a career path for future tax technology talent.

Steef Huibregtse, Chief Executive Officer, TPA Global, said: “For tax professionals in the future, a more “tech-savvy” skillset is required besides a strong data orientation. This means they need to be able to assess the quality and meaning of data, collaborate with people outside their area and communicate tax principles in simplified business language. As a result, tax professionals will not only be assumed to deal with tax issues, but will also need to understand technology and big data from a tax perspective – and the associated range of risks in the real world.”

To address the multi-disciplinary nature of a digital transformation within tax, the certification is suitable for tax, finance and IT professionals involved in these projects.

Professionals with a background in either of these fields can gain the necessary knowledge and experience to advance their careers in tax technology, with the help of both reading materials and practical use-cases taught by “Black Belts” – the highest certified professionals in the field.

By exchanging experiences and use-cases, e-Bright and Xyto further extend the purpose of the certification to create a community of future tax technology professionals.

Geoff Peck, Founder and Europe’s first Chief Taxologist, Xyto Taxology, said: “We are creating a tax community that is at one with the digital information technologies upon which it is now entirely dependent. This accredited training system provides capability amplification within the digital domain for tax that can be gained by no other means.”

To learn more about the certification, please click here.

SOCKS5 Proxy: An Explainer For Non-Techies

SOCKS5 is often flung around the internet to attract you to get proxy services. However, what is it exactly? This article will tell you what it is. Note that this targets non-techies, but it could be helpful to those who are tech-savvy as well. Yet before knowing what SOCKS5 is, you need to understand a little more about how computers talk.

Computer Networking

Suppose that there are two computers: computer A and computer B. Computer A needs a file from computer B. These two computers must connect to the same network to transfer that file. Of course, two computers can directly connect to one another, but that’s a different story.

Anyway, with the two computers connected—say, they’re connected to the internet or WAN (wide area network) through VPNs that work in Thailand—they now have a way to send signals or files to one another. However, how can they talk? How can computer A say its request for a file from computer B? The answer is a communication protocol.

Communication Protocol

Computers need communication protocols because they set a standard or language for them to talk. It dictates how computers read and write messages. Remember that computers can only send 1s and 0s—on and off signals. Without a standard or a guide to sending these bits of information, these computers won’t understand the messages they are receiving.

One of the best examples of a communication protocol is the Morse code. With this code, people could communicate without saying words through a series of short presses, long presses, and stops. Communications officers formed letters through short and long beeps, creating sentences through these words. The same goes for computer communication protocols.

Internet Protocol

There are many communication protocols; some are still used, whereas others are already defunct.  Each of these protocols has a specific purpose and job to do. With the popularity of the internet, a massive group of communication protocols has fallen under the internet protocol (IP) suite. SOCKS or ‘socket secure’ is one of them, often offered as a selling-point feature of SOCKS5 proxy provider companies worldwide.

Going back to the previous example, many protocols can be used to let computer A get a file from computer B. Some of them are Transmission Control Protocol (TCP), User Diagram Protocol (UDP), and File Transfer Protocol (FTP). So, where does SOCKS come in, and what is its purpose?

SOCKS

As its name implies, the purpose of SOCKS is to add a layer of protection between a server and a client. Say, computer A is the client asking for a file, and computer B is a server hosting the file. However, the client doesn’t want to let the server know that it’s the one requesting the file.

Know that most IP—particularly TCP/IP—require computers to provide their IP address. These IP addresses can allow people to track someone down or even launch a cyberattack against them.

To circumvent this, clients can take advantage of SOCKS. SOCKS is a communication protocol that lets clients reroute their requests to a proxy server and let the proxy server forward the clients’ requests to the server. Here, the proxy acts as the client—proxy being the keyword—and all information the server may collect will be of the proxy’s instead of the client’s. This effectively hides the client from the prying eyes of the server.

SOCKS5

What about SOCKS5? You can safely assume that SOCKS5 is the latest ‘version’ of SOCKS. Before it, there were SOCKS4a and SOCKS4_C. The main differences between SOCKS5 and the ones before it are that it offers multiple options for authentication, can use UDP instead of just TCP, and supports IPv6 (IP version 6). Currently, most computers are still in IPv4.

As you might have surmised, SOCKS5 is primarily used for proxy servers and virtual private networks. One can say that this protocol provides a decent amount of security and anonymity on the web. However, like other proxy-related services and protocols, it’s vulnerable to man-in-the-middle attacks.

Although proxies can protect you against policies and other concerns servers may impose, they don’t protect you from the proxy itself. For example, a client gets a sensitive file from a server through a proxy. Nothing stops the proxy or a person who has access to the proxy within from acquiring the same file. This is just one of the many ways man-in-the-middle attacks can happen.

While that’s true, it doesn’t mean proxy servers are all bad. Besides, such attacks aren’t that severe, and typical internet users shouldn’t be too wary about it too much. Nonetheless, if you use a proxy server, be sure to get a reputable one that uses SOCKS5.

Conclusion

In a nutshell, SOCKS5 is an internet communication protocol. Its primary purpose to most internet users is to allow their client computers to use proxy servers to connect to other computers on the web securely. Most proxy servers also use it as a selling point to sell their services on the web. Compared to other forms of proxy service features, it has tangible effects when it comes to security and anonymity.

How to Find Excellent Tech Services if Your Business is Mobile-Based

As mobile-based businesses become more and more common, the demand for quality tech services has also increased. Businesses are now looking for reliable IT support and consulting services to help them maintain their competitive edge.

If you’re looking for quality tech services in Dubai, here are several tips on how to find them.

Do Your Research

When it comes to finding quality tech services, doing your research is essential. Start by reading online reviews and talking to other business owners in your industry. Ask them which IT support and consulting firms they recommend and find out what made them choose those particular companies. Dubai mobile app development company needs to be research-oriented so that they are aware of the competition and can deliver the best services to their clients. Also, you want to be sure that the company you’re considering is reputable and has a good track record.

And this is easy to check –  just look them up on Google and see what comes up. If there are lots of positive reviews and testimonials, that’s a good sign. However, if you can’t find much information about them online, or if the reviews are mainly negative, you might want to think twice about working with them.

Look For Experience

When it comes to finding quality tech services, experience is key. Look for an IT support and consulting firm that has a proven track record in delivering quality services to businesses in your industry. Ask for referrals from other business owners, and find out how long the company has been in operation. The longer they’ve been around, the more likely it is that they’re doing something right.

In addition, look for a company that has a team of experienced professionals. Find out what qualifications and certifications they have and ask about their past projects. This will give you a good idea of their expertise and whether they’re the right fit for your business.

Consider Your Budget

IT support and consulting services can be expensive, so you need to make sure you’re getting value for money. Talk to different companies and get quotes from them before making a decision. Find out what services they offer and what their rates are. Then, compare these to your budget and decide which firm is the best fit for your needs.

Don’t forget to also ask about discounts and special offers. Many IT support and consulting firms offer discounts for new clients, so be sure to take advantage of this if you can.

Additionally, ask about their payment terms. Some companies require a lump sum payment upfront, while others offer payment plans. By knowing all these payment details, you can make an informed decision about which company is the right fit for your business and choose the option that best suits your budget and needs.

Check Their Customer Service

When you’re looking for quality tech services, it’s crucial to find a company that offers excellent customer service. After all, you’re likely to need their help and support at some point, so you want to be sure they’ll be there when you need them. Find out what their customer service policies are and how they handle customer inquiries.

It’s also a good idea to give them a call and ask a few questions before making a decision. For instance, you could ask about their rates, services, and payment terms. This will give you a good idea of how they treat their clients and whether they’re the right fit for your business.

On the other hand, if you’re not able to get in touch with them or they don’t seem very helpful, it’s probably best to look elsewhere.

Read The Contract Carefully

Once you’ve found a quality IT support and consulting firm that you’re happy with, it’s time to sign a contract. But before you do, make sure you read it carefully and understand all the terms and conditions. Find out what services are included in the contract and what is not.

Also, pay attention to the fine print. For instance, some contracts may have a clause that allows the company to terminate the agreement at any time without notice. Others may require you to give them a certain amount of notice if you want to cancel the contract.

By understanding all the terms of the contract, you can be sure you’re getting what you expect and there are no hidden surprises.

Finding quality tech services can be a daunting task, but by considering experience, budget, and customer service among other factors, you’ll be able to make an informed decision about which IT support and consulting firm is the best fit for your needs. Remember to read the contract carefully before signing, so you know exactly what you’re getting into.

By following these simple tips, finding quality tech services in Dubai should be a breeze.

These Tech Advancements Are Making Fleet Operations More Efficient

Any business or organisation that uses commercial vehicles for daily operations will need fleet operations and management. The whole point of fleet management is to ensure that the organisation’s commercial vehicle fleet is operating efficiently and effectively. Technology has completed changed the world of business. All industries are benefitting from technological changes and innovations. Businesses that have fleets to operate are benefitting in particular.

This post will tell you all about all of the tech advancements that are making fleet operations easier and more efficient:

Video Hardware

One of the biggest problems for businesses that had commercial fleets was monitoring their drivers. It’s not uncommon for delivery drivers to steal products from the vans that they are driving, so monitoring is very important. In addition to having to worry about driver thefts, organisations also have to worry about unconnected individuals taking chances and stealing from them. Thanks to video hardware, this is a problem that can be easily resolved. Drivers now have a camera in their trucks, so that their bosses can monitor them and capture any potential thefts on film. Additionally, having cameras in their trucks means that organisations are able to identify drivers who aren’t driving responsibly. Irresponsible driving can be very bad for an organisation’s reputation.

Most organisations go to great lengths to ensure that they only hire qualified and experienced drivers. Cameras can act as a preventative measure, deterring drivers from acting irresponsibly.

GPS Tracking

Another problem faced by organisations that have commercial fleets out on the road is drivers not arriving at their destinations on time. In the past, it wasn’t uncommon for drivers to miss deadlines, because they were making unnecessary stops or oversleeping in rest stops. Now, this is no longer a problem. Organisations are able to constantly monitor their vehicles when they are on the road, thanks to GPS technology. Each commercial vehicle is equipped with a GPS tracker, that allows the organisation to track its location in real-time.

These devices come in especially handy when vehicle thefts occur because the police are able to quickly locate and recover stolen trucks.

Automated Driving

Automated trucks aren’t yet advanced enough to be used on the open road, but they will be soon. Currently, however, there are some trucks that are semi-automated. Automation in the trucking industry will mean that organisations don’t have to hire physical people and can instead have their vehicles driven by artificial intelligence. Tech developers hope that these devices will be able to connect with other automated vehicle devices on the road, preventing accidents from happening.

This will save trucking organisations millions of dollars, in addition to making the trucking sector a lot more efficient.

Video Calls

Organisations that are using the vehicle industry’s latest trucks are able to directly connect with drivers, using video call technology. These trucks have cameras built into their dashboards, and on the truck’s centre-console screen, video calls can be activated. This means that truckers are able to maintain communication with their managers without having to use their mobile devices. Phone calls can also be made using the same system.

The best part about video calls is that organisations can activate them automatically, without the trucker’s permission. This means that they can monitor their staff and perform checks, without giving the driver time to prepare.

Barcode Scanning

Many organisations that have commercial vehicles on the road are involved in the courier industry. A very large problem in the courier industry prior to the introduction of barcode scanners was parcel thefts and misreporting. Customers quite frequently reported that they had not received their parcels, despite having them delivered to them. Thanks to barcode scanning technology, drivers are now able to scan their parcels when they are delivered to their intended recipients.

This means that companies can confirm the parcels have been delivered, so if they are reported as stolen or missing, they don’t have to pay out compensation because it isn’t their fault.

Augmented Reality

Organisations are able to train their staff more effectively, thanks to augmented reality technology. Drivers are able to participate in simulations that teach them how to drive safely, load parcels, and deal with customers. Augmented reality technology can be very expensive, but it’s worthwhile for organisations that want to improve the quality of their fleet’s performance. Augmented reality tech can also be used to train drivers on how to perform maintenance on their vehicles if they ever break down or develop any problems.

Technology is completely changing the world. Organisations that have commercial fleets on the road are deriving a lot of benefits from the tech world’s latest innovations. Technology is helping to make these companies more efficient, effective, and profitable.

Tech Has Changed the World of Lending for Good – Here’s How

Technology is the continually developing result of accumulated knowledge and application. Tech has revolutionised the world of lending.

With so many companies today, borrowers now have more choices and can get their loans funded faster than ever before.

In this article, we will explore how these platforms work, the benefits they offer, and why they are changing the way people borrow money.

Instant Cash Loans

In the past, if you needed cash fast, your only option was to go to a payday lender or pawn shop. These lenders typically charge high-interest rates and fees and often require collateral. This can make it very difficult to get out of debt once you take out a loan. An even better aspect of these loans is that there is no credit check for them. Many companies have changed the lending landscape by offering instant cash loans. These loans are unsecured, meaning you do not need to put up any collateral.

They also have much lower interest rates than traditional lenders, making them more affordable. And because they are peer-to-peer platforms, they can get you the money you need fast – often in as little as 24 hours.

The Benefits of P2P Lending

Peer-to-peer lending platforms offer several benefits for both borrowers and investors. For borrowers, they provide access to capital that they may not be able to get from a traditional bank. They also have lower interest rates, which can save you money over the life of the loan. And because they are online, you can apply for a loan and get funded quickly – often in as little as 24 hours.

For investors, P2P lending platforms offer the opportunity to earn higher returns than traditional investments, such as stocks and bonds. And because you can choose which loans to invest in, you can build a portfolio that is tailored to your risk tolerance.

More Options for Borrowers

The traditional banking system often favours those with good credit and a steady income. This can make it difficult for people with bad credit or who are self-employed to get a loan. However, with peer-to-peer lending, borrowers now have more options.

Several platforms cater to those with bad credit or who are self-employed. And because these platforms are online, you can apply for a loan from anywhere in the world.

Faster Funding and Lower Interest Rates

Another advantage of peer-to-peer lending is that it is much faster than traditional lending. With a traditional bank, it can take weeks or even months to get approved for a loan. But with peer-to-peer lending, you can often get funded in as little as 24 hours. This is because the process is entirely online and there are no paper documents to sign. Interest rates on peer-to-peer loans are typically lower than those of traditional bank loans. This is because there is more competition for your business and lenders can offer lower rates to attract borrowers. Additionally, because peer-to-peer lending platforms are online, they have lower overhead costs than traditional banks.

This allows them to pass the savings on to you in the form of lower interest rates. For example, the average interest rate on a three-year peer-to-peer loan is around 10%, while the average interest rate on a three-year bank loan is closer to 15%.

Better Terms

Another advantage of peer-to-peer lending is that you can often get better terms than you would from a traditional bank. For example, many peer-to-peer lenders allow you to choose the length of your loan, which can be anywhere from one year to five years. This flexibility can be helpful if you need to consolidate debt or make a large purchase.

Additionally, some peer-to-peer lenders do not charge origination fees, which can save you money when you take out a loan.

Increased Transparency

Another benefit of peer-to-peer lending is that it is more transparent than traditional banking. With a traditional bank, it can be difficult to know how your money is being used. But with peer-to-peer lending, you can see exactly where your money is going and how it is being used. This increased transparency gives you more control over your finances and allows you to make informed decisions about your investments. For example, if you are investing in a loan for a small business, you can see how the business is doing and whether or not it is a good investment.

The traditional banking system is slowly being disrupted by new technologies, such as peer-to-peer lending. Peer-to-peer lending platforms offer several advantages over traditional banks, including faster funding, lower interest rates, and increased transparency. As more people become aware of these advantages, the demand for peer-to-peer loans will likely continue to grow. This could lead to more competition among lenders and eventually lower interest rates for borrowers. So if you’re looking for a better way to borrow money, peer-to-peer lending may be right for you.

What Is Reseller Hosting And Is It Right For You? Find Out Here

Reseller hosting is a web hosting business model in which a web hosting provider allows some or all of their web hosting services to be sold. Are you looking for a reliable and affordable hosting solution for your small business or start-up?

If so, then you may want to consider reseller hosting. Reseller hosting is a new type of hosting that allows you to create your own hosting packages and sell them to your customers.

This gives you full control over the pricing and features, making it the perfect choice for entrepreneurs and small businesses.

In this article, we will explain what reseller hosting is, how it works, and whether or not it’s right for you. Keep reading to find out more about this exciting new hosting option!

1) What Is Reseller Hosting, And How Does It Work?

Reseller hosting is a type of hosting that allows you to create your own hosting packages and sell them to your customers.

With reseller hosting, you have full control over the pricing and features of each package, making it the perfect choice for entrepreneurs and small businesses that want to launch their own hosting business.

For example, if you want to sell hosting packages that include unlimited storage and bandwidth, you can set your own price and sell it to your customers.

The great thing about reseller hosting is that you don’t need to invest in expensive hardware or software, as everything is included in the reseller package. In addition, most reseller hosting providers will give you a free domain name and website builder to help you get started. This makes it the perfect solution for those who are just starting out in the hosting business.

2) Is Reseller Hosting Right For You?

Before deciding if reseller hosting is the right choice for you, there are a few things that you should consider.

First, it’s important to understand that with reseller hosting, you won’t actually own the servers or software used to host your website and client websites. This means that you will need to rely on your hosting provider to remain stable and reliable, so it’s important to find a reputable reseller server that offers quality service. Additionally, you will need to keep an eye on your customers’ websites to ensure that they are running smoothly and that there aren’t any issues with server performance.

Another thing to consider is the level of support you’ll receive from your hosting provider. Since you’re responsible for managing several customer accounts, it’s important to find a reseller host that provides excellent customer support in case any problems arise.

Next is that you will need some technical knowledge in order to set up and manage the accounts of your customers. If you are not comfortable managing web servers, then reseller hosting may not be right for you. Additionally, you will need to be comfortable marketing and selling your hosting packages in order to be successful.

For example, if you decide to offer website builder packages and unlimited storage, but don’t have a way of marketing these products, then you may end up with many hosting accounts that aren’t being used.

Ultimately, whether or not reseller hosting is right for you depends on your level of technical knowledge, and also how comfortable you are managing several customer accounts.

3) How To Get Started With Reseller Hosting?

Now that you know what reseller hosting is and whether or not it’s right for you, it’s time to get started!

If you’ve decided that reseller hosting is the right choice for your business, the first step is to find a reputable hosting provider that offers quality service. Once you’ve found a few providers that you’re interested in, be sure to compare their prices and features before making your final decision.

Once you’ve chosen a provider, you’ll need to set up your reseller account and purchase your first hosting package. Depending on the provider you choose, this may be a quick and easy process, or it could take several days for your account to become active.

For example, some providers will require you to purchase your first hosting package using a credit card, while others will allow you to set up an account and pay via PayPal.

Once your reseller account is set up, you can begin managing the accounts of your customers. This may involve creating custom hosting packages that include the features and pricing that you want, as well as setting up websites using the provided website builder.

Additionally, you’ll need to provide customer support in case any of your customers have problems with their websites.

4) Pros And Cons Of Reseller Hosting

There are many pros and cons to reseller hosting, so it’s important to consider all of your options before deciding if this is the right choice for you.

On the positive side, reseller hosting can be a great way to start your own web hosting business without having to invest in hardware or software.  Additionally, you have full control over the pricing and features of your hosting packages, so you can tailor them to fit the needs of your customers.

On the downside, reseller hosting requires some technical knowledge in order to set up and manage customer accounts. Additionally, you will need to be comfortable marketing and selling your hosting packages in order to be successful.

Overall, the pros and cons of reseller hosting depend on your needs and goals as a business owner. If you’re interested in starting your own web hosting business, then reseller hosting may be right for you!

Reseller hosting can be a great way for small businesses and entrepreneurs to get started in the web hosting industry. It’s important to consider the level of technical knowledge required, as well as your comfort level with managing customer accounts, before making a decision. The pros and cons of reseller hosting also depend on your individual needs and goals. If you’re interested in starting your own web hosting business, then reseller hosting may be a great option for you. The bottom line is that reseller hosting can be a great way to get started in the web hosting industry, but it’s important to do your research before making a decision.