The self-assessment tax return system has now been in place for 17 years. Yet, many accountants still describe January as ‘horrible’, ‘rushed’ or simply ‘manic’. It is the same every year – during the months of December and January there is a mad rush of tax preparation work and excessive stress to meet the 31st January deadline. But why is January ‘rushed’? There are several reasons:
What can accountancy practices consider to gear up for January?
As technology makes it easy to collaborate with people across the globe, accountants can look at another innovation: tax preparation outsourcing. The process is simple. You scan your client’s documents and send them along with the previous year’s tax file to the outsourcing provider. Or you can upload the documents to your server and the outsourcing company can access the data remotely on your system.
What are the good points?
About QXAS outsourcing
Established for 8 years and with a track record of supporting accountancy practices when they need us in January, QXAS can assure you of a faster turnaround time.
Here’s a brief summary of the main features
Our established team has practical UK tax and accounitng experience, so you know that whatever your problem, we can find a solution. To discuss call 0870 803 1033 or email firstname.lastname@example.org
My name is Vishal Kurani, the author of the QXAS blog and I appreciate you stopping by! I help accountants gain Accounts Outsourcing knowledge through my easy to follow blogs and guides. Download my free guide "The Accountants Guide to Making Payroll Profitable" to learn how to make payroll profitable for your accountancy practice.