Tax technology is at a pivotal stage. In recent months, we have seen an end to the fatigue surrounding tax processes as businesses settle into HMRC’s Making Tax Digital (MTD) requirements. With these changes proving highly beneficial, businesses are now wanting to fully understand how other technologies can be integrated to make their processes as efficient as possible. One advancement that organisations are flocking towards is the cloud.
The key benefit of migrating to the cloud for those in the tax profession is the opportunity for fully collaborative working – previously impossible due to the fragmentation of different desktop solutions. Other benefits include a lower Total Cost of Ownership, speedier and easier updates, and more opportunities for using the very latest technologies. During this talk, Russell Gammon, Chief Solutions Officer at Tax Systems, will consider how the cloud will instigate a total industry dynamic change and the long-term impact it will have.