Enhancing Corporation Tax: Effortless, compliant Corporation Tax filings every time

4min Read

Cut complexity from Corporation Tax

Is preparing and reviewing your tax returns taking too long? Silverfin’s cloud software simplifies Corporation Tax management in the UK, saving your firm valuable time. Developed by accountants for accountants, Silverfin’s Corporation Tax product integrates tax preparation and calculations directly into the platform you already trust for working papers, accounts production, and data insights.

“Before Silverfin, we were using two different systems—one for work papers and statutory accounts production, and another for corporation tax. This led to a lot of inefficiency. Information had to be manually mapped each time, and after producing accounts and work papers, we had to transfer all the data into our tax software, going back and forth with adjustments and tax journals. It was a lot of wasted time and effort. Since switching to Silverfin, we’ve realised how much more we can accomplish with that time. It’s significantly improved the client experience and made us more productive as we’ve grown the business.”

Jo Gibson, Outsource Business Partner, Hurst

Corporation Tax in the UK, powered by Silvefin

Create capacity with automation

All your data is updated automatically and accessible in the cloud, flowing directly into your Corporation Tax computations as you prepare working papers and account. With the latest data always at hand, there’s no wasted work or version control problems.

Reduce risk with live data

Eliminate errors and repetitive manual tasks with live client data and automation. Our Corporation Tax templates are easy to navigate, with simple hyperlinks allowing users to quickly move between schedules.

Improve consistency and collaboration

Speed up preparation and reviews by enabling everyone to follow the same best-practice tax workflows, no matter where they are. Intuitive schedules, guided navigation and automated reconciliations streamline processes and take productivity to a whole new level. Advanced built-in communication tools keep all the information you need in one place.

Automate iXBRL tagging

Silverfin’s iXBRL tagging tool accurately embeds your financial data with machine-readable tags, ensuring you returns adhere to the latest regulatory standards.

Validate and file your returns with ease

Consistently generate high-quality, fully compliant CT600 returns. Build-in data validation ensures your team catches any errors before filing. When ready, submit you iXBRL-tagged return to HMRC with a single click.

Why Silverfin?

Our software supports over 400,000 client files each year, including those from 30 of the UK’s top 100 firms, ensuring both consistency and efficiency.

Reliable Results

Access accurate, up-to-date client data that flows into best practice workpapers, supported by AI for reliable mapping.

Time-saving automation

Save up to 50% of your time on year-end prep and Corporation Tax submissions with automation, AI data checks, and built in communication tools.

Effortless implementation

With per-client file pricing, an intuitive interface, and fast implementation, Silverfin makes it easy to see the benefits of switching.

New call-to-action

About Silverfin:

Silverfin is a cloud platform with live client data, connected workpapers and AI that’s built by accountants for accountants. Silverfin dramatically improves the efficiency, accuracy and profitability of traditional post accounting work. With centralised data, standardised and automated workflows, this work takes hours rather than days.
Built by accountants for accountants, Silverfin supports over 400,000 client files a year for customers including 30 of the top 100 accounting firms in the UK.

Creating consistency and capacity, Silverfin helps firms thrive with improved quality, insights and the benefits of AI trained on accounting data. Our cloud Data Hub enables access to real-time data and eliminates errors so that preparing and submitting end-of-year accounts and corporation tax returns often takes 50% less time.

About Silverfin Assistant: Silverfin Assistant continuously analyses client files to find unusual balances, missing transactions and outliers. Flagging these and suggesting fixes, saves hours of manual checking, improves accuracy and improves client service.

To learn more about how Silverfin can help you file effortless, compliant Corporation Tax download our whitepaper here.

More Posts

iXBRL Tagging Tool: Ensuring Compliance and Precision in Reporting 

iXBRL, or Interactive eXtensible Business Reporting Language, ensures that financial reports are precise and compliant.  However, the process can be intricate and time-consuming.  Unless you ...
Read More

How AI technologies are revolutionising accounting firms in the UK

AI is transforming accounting firms in the UK by automating tasks, enhancing data accuracy and boosting productivity. Here's how.
Read More

Enhancing Corporation Tax: Effortless, compliant Corporation Tax filings every time

Our Corporation Tax whitepaper will help you create capacity with automation, and file Corporation Tax effortlessly.
Read More

How to create an AI policy for your accounting firm

In this exclusive AccountancyAge article, Silverfin’s CEO Lisa Miles-Heal delves into why AI guardrails are necessary for accounting firms to maximise the benefits the technology ...
Read More

Using standardised data to unlock greater accounting firm profit margins

No one knows better than accountants that profit margins are what’s left when your salaries and costs (like rent and software subscriptions) are deducted from ...
Read More

Technology Used in Accounting Firms: 5 Ways AI is Transforming the Industry

Accounting firms are under pressure to manage vast amounts of data while maintaining accuracy and meeting tight deadlines. These challenges can lead to costly errors ...
Read More

Make Your Working Papers Work: Comparing Top Tools

Bid farewell to the drudgery of manual data and spreadsheet management and say hello to intelligent digital templates. Learn more today.
Read More
silverfin

Accounting technology trends: Wrapping up 2024 and looking ahead to 2025

Discover how technology, AI and cloud solutions are shaping key trends, insights, and strategies to help accountants stay competitive in 2025 and beyond.
Read More

How Cloud Accounting Automation Can Drive Revenue Growth for Accountancy Firms

Many traditional accounting tools can no longer keep up with the demands of the modern world. Your clients expect work done faster, mistakes come with ...
Read More
Businesswoman with turtle near stack of coins. Investment victory and success from patience, Slow but stable

The hidden cost of inefficiency in UK accounting firms

Accounting companies depend on precision, expertise, and trust to be successful, but even the most reputable firms undercut their performance due to one persistent issue: ...
Read More
silverfin

How UK firms can overcome the challenges of cloud accounting adoption

Discover how to boost accounting firm team collaboration with cloud platforms like Silverfin, streamlining communication and tasks, and improving efficiency.
Read More
Accounting firm software

Optimising Your Firm’s Capabilities with Accounting Firm Software 

Facing mundane manual tasks and tight deadlines, accounting firms often find their teams overwhelmed, leading to human errors and missed opportunities.  That’s where accounting firm ...
Read More

Let’s Chat

Scroll to Top