Corporation tax
Corporation tax,
same data, no re-entry
Silverfin’s corporation tax reads straight from the working papers and annual accounts your team already prepared, suggests the tax treatment for each figure, and files in the format your local tax authority needs.
One figure, one entry
Tax computations are often rebuilt from a spreadsheet, with figures copied in from the accounts and the reliefs and allowances worked out by hand for every client.
Silverfin connects the computation to the same data as the working papers and the accounts. A figure only gets entered once, and Silverfin suggests how it should be treated for tax based on what it already knows about the client.
Tax logic
Reliefs and allowances, worked out for you
Silverfin has built in schedules for fixed assets, loss carry back and offset, plus reliefs specific to each market, all based on the latest legislation for that jurisdiction.
Rates and rules get updated centrally when they change, so the whole firm works from the current legislation rather than whoever remembered to update their own template.
Suggested, not guessed
Silverfin proposes a tax treatment for each figure based on the client’s data, and your team reviews and confirms it rather than working it out from a blank schedule every time.
Filed in the format your authority needs
The computation is tagged and formatted for submission to the local tax authority, with a trail back to the working paper or accounts figure behind every number.
Advisory work without more data entry
Reporting, portfolio analysis, client meetings and client access all read from the compliance data your team already produced.
Pulse
Give clients the reports and file status they ask for.
Silverfin Assistant, across the whole workflow
The Assistant flags figures that look off against last year before the return is filed, and drafts client-facing notes on what changed and why. Same assistant, same data, every stage.
See your own client's tax computation, built from data you already have
Book a demo and we’ll build one of your client’s corporation tax computations live, starting from the working papers and accounts you already have.
FAQs
What is Silverfin's corporation tax product?
It's the tax computation and filing workflow that reads from the same reconciled data as working papers and annual accounts, rather than a standalone tax tool that needs its own import.
Does Silverfin calculate tax reliefs and allowances automatically?
Silverfin suggests a tax treatment for each figure, including fixed asset schedules and loss relief, based on the client's data and current legislation. Your team reviews and confirms every suggestion before it's filed.
How does corporation tax stay updated when tax rules change?
Rates and rules are updated centrally, so a legislative change reaches every client file at once rather than needing an update to each template individually.
What happens to the tax computation if a figure changes in the working papers or accounts?
The same cascade applies here. A late change re-opens the parts of the computation it affects, so the filed return doesn't rest on a figure that's since moved.
