Corporation Tax now available in the UK

Corporation Tax now available in the UK
2min Read

We’re excited to announce the launch of Silverfin Corporation Tax for the UK.

It’s the latest addition to our cloud accounting platform, which already provides working papers, accounts production, and data insights for advisory services.  

Silverfin Corporation Tax helps compliance teams improve efficiency and accuracy by eliminating the manual and repetitive steps typically involved. 

Following successful beta trials, you can now prepare and submit client CT600s and tax computations from the same integrated cloud platform for tax and accounting. 

I’m confident this will save hours of wasted work, moving, copying and checking data and improve your client engagement in this key compliance workflow.

Complete your tax returns faster with connected data

One of the things users love most about Silverfin is that client data is connected.  

This means, no more pesky version control issues or manually importing into a separate compliance tool. With Silverfin, data is connected: from the client bookkeeping system to the working papers, year end accounts, and now all the way into your tax computations and CT600. 

When the source bookkeeping data changes, or you make any adjustments to the working papers, these updates are dynamically carried through into your Accounts Production and Corporation Tax templates.

Automation to ensure reliable tax computations and CT600s

We’ve added clever tax logic and automated computations throughout, helping improve accuracy and efficiency.  From automatic tax treatment suggestions to iXBRL tagging and one-click filing with HMRC.  Time-saving optimisations to reduce manual steps are everywhere. 

And through the tax year, Silverfin will automatically refresh our Corporation Tax product for any legislative updates.  

You get peace of mind that not only are you using HMRC-recognised MTD software, but that your tax returns are compliant and based on the latest taxonomy.

A streamlined end-to-end process

Thanks to seamless integration with other Silverfin products, your accounting and tax teams can all follow one consistent way of working in the same platform. 

With all workflows, client file review, communications and audit log managed in a single environment, it’s easier to get started, to pick up work from colleagues and to distribute jobs to remote teams.

CT_Screens_Update

Want to learn more?

If you don’t want to wait, or if you want to learn more about Silverfin for your practice, please get in touch today.

 

More Posts

Webinar takeaways: Best-of-breed vs. full suite technology for accounting firms

What's better for your firm - a best-of-breed approach or a full suite solution? This is what we explored in our recent webinar. Watch it ...
Read More

The real benefits of Artificial Intelligence (AI) in accounting

Facing an avalanche of data and the perpetual need for precise financial reporting, accounting firms are under constant pressure to deliver swift, error-free results. But, how ...
Read More
silverfin

Rising corporation tax complexity: Key considerations for UK firms

Streamline compliance and boost efficiency with AI-powered tools. Explore strategies for tackling tax challenges and delivering greater value to clients.
Read More

How to standardise best practices with software for accounting firms

Every accounting firm strives to deliver consistent, high-quality service. However, achieving this can be challenging due to varying processes and methods within the firm.  If ...
Read More
silverfin

Season 1 teaser | AI: friend, foe or fad?

How long until we’re all working for super-intelligent toasters? Are robots really coming for my job?! These are the sorts of questions we’re asking in ...
Read More

Unlocking efficiency: the hidden benefits of standardised workflows

Discover how leading UK firms are unlocking efficiency in their accounting firms by standardising workflows.
Read More

How to standardise best practices with software for accounting firms

Every accounting firm strives to deliver consistent, high-quality service. However, achieving this can be challenging due to varying processes and methods within the firm.  If ...
Read More

Silverfin secures Best Newcomer at Visma Annual Awards

Built by accountants for accountants, our cloud software has been helping accounting firms improve accuracy, automation and access for over ten years. In November 2023, ...
Read More
accounting compliance software

Choosing the right accounting compliance software for your firm

Struggling to keep up with UK accounting compliance? The right software can automate tasks, improve accuracy, and reduce regulatory risk. Discover key features to look ...
Read More

How to get started with AI in accounting: insights from Billie McLoughlin, 20:20 Innovation

Should accountants fear AI? 20:20 Innovation's Billie McLoughlin breaks down AI myths, practical use cases and how firms can adopt AI safely.
Read More

Why employee experience is the next big focus for accounting firms

Discover how UK accounting firms are boosting job satisfaction by reducing long hours and stress with transformative technology.
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

Let’s Chat

Scroll to Top