Category: Personal Tax
How do you protect your clients’ sensitive data?
Traditional data-sharing methods leave businesses vulnerable to security breaches, lost information, and non-compliance with stringent data protection regulations. That might include: However, under the UK GDPR and the Data Protection Act 2018, firms are legally required to protect personal and sensitive data. This includes implementing security measures that prevent unauthorised access, ensuring data is stored […]
Read More
Did ITSA overwhelm your firm this year?
Now that January has finally passed, many accountancy firms are taking a collective deep breath. The mad dash to meet the ITSA (Income Tax Self Assessment) deadline is over – but at what cost? For some, late nights, stressed staff, and a flurry of last-minute client submissions defined the month. Others may have faced the […]
Read More
How to encourage client engagement during Self-Assessment season
It’s Self-Assessment season! Are you going to let this one fall into chaos or have you got the right systems and processes in place already? A massive consideration for all of you should be client communication. Without having a solid line of communication with your clients you risk late submissions, frantic data gathering, and last-minute […]
Read More
How are accountants likely to be affected by the Budget?
With the recent Autumn Budget delivering personal tax changes, accountants across the UK are facing a new wave of complexities in managing their clients’ needs. From updates to Capital Gains Tax (CGT) and Business Asset Disposal Relief (BADR) to Inheritance Tax reliefs such as Agricultural Property Relief (APR) and Business Property Relief (BPR), the industry […]
Read More
Have you started preparing for your January tax return deadline?
November may seem early to start preparing for the January Self-Assessment deadline, but as an accountant, you know all too well how quickly time passes when managing multiple clients. We believe that the first step to a successful and stress-free tax season is ensuring your software is ready to handle the influx of work. Outdated […]
Read More