Corporation Tax now available in the UK

Corporation Tax now available in the UK
3min 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, management accounts 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.

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Want to learn more?

Don’t miss our upcoming Corporation Tax webinar.  You’ll hear from Silverfin customer Hurst on their experiences of using Corporation Tax, and see a live demo of the product.

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

 

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