Making Tax Digital –
an opportunity not an obstacle.
Being a Tax Manager can be a juggling act. Balancing time constraints against reporting accuracy can be tricky.
Error-prone manual processes rob valuable team members of their time and can hamper critical decision making.
On the surface HMRC’s mandate, Making Tax Digital (MTD), probably doesn’t help. Now you not only need to distil large volumes of data into just nine boxes, but also plan for Digital Linking in 2020 – requiring a fully digital audit trail. Who knows what 2021 will bring?
But, good news, MTD doesn’t have to be an obstacle. It can actually be the perfect opportunity to transform your tax processes.
The transformation of tax: 2020 and beyond
In collaboration with Accountancy Age, we surveyed over 100 tax decision-makers and discovered that 85% of practitioners have found the process of preparing for MTD difficult.
Read our report to explore the challenges and opportunities of HMRC’s newest mandate.
for:sight® reduces risk.
for:sight instils financial confidence. A complete tax compliance solution – providing transparency, control and insight.
- Creates a fully digital end-to-end audit trail
- Identifies potential errors using machine learning for improved accuracy
- Fully compatible with major ERP systems and Excel
- Rapid, cost-effective implementation
- Native, logically intuitive user interface makes it easy to master
Award winning performance
for:sight hasn’t just delighted our customers – it’s impressed the people at Tolley’s Taxation too.
They’ve awarded it “Best Digital Innovation Award 2019”.
Regulatory and financial solutions that
can change the way you work
Talk to us about how we can help you simplify tax compliance by streamlining your processes.
Transform Excel templates into XBRL and XML files at the click of a button via our secure online platform. They’re then ready for submission.
Since 2009 we’ve been supporting firms with iXBRL compliance, working with HMRC and Revenue to make sure our tagging team have the latest taxonomies and technology.