Tax Systems is a leading specialist in corporation tax technology and services in the UK and Ireland. Our solutions automate the end-to-end compliance process, reduce operational risks in the process and increase process intelligence so that expert professionals are able to focus on delivering more value to their business or clients.
Tax compliance and reporting is moving at a rapid pace. Tax regulators are focused on increasing tax revenues, reducing tax evasion and ensuring businesses are paying their fair share to support government spending and reduce annual deficits without the need to raise taxes. This is resulting in a wave of local and international reporting obligations, alongside demands for increased tax transparency, at a time when tax team resources are stretched and internal stakeholders are demanding ever more value from their tax professionals. With traditional manual approaches struggling to cope with the scale of the challenge, organisations are having to increase the efficiency of their teams by embracing technology to automate processes and identify areas of improvements whilst reducing risk and creating more effective collaboration with advisors.
Our objective at Tax Systems is to help organisations meet this challenge by providing proven and innovative technology and services delivered by a close-knit team with rare skills and capabilities in both tax and technology, all of which are based locally in the UK and Ireland.
Our solutions enable customers to automate their end-to-end compliance processes from the collection and management of financial data, sensitisation of tax data, creation of computations, statutory report generation and control of associated processes and risk. We collaborate closely with our customers to help them embrace technology to reap the benefits of increased accuracy, auditability, control and efficiency of reporting, as well as saving time associated with manual compliance processes. We aim to change the nature of relationships between advisors and corporates by freeing up skilled resources to focus on adding strategic value to their organisations.
Tax Systems is a public company quoted on the AIM market of the London Stock Exchange with offices in Dublin, Farnham and Staines. Tax Systems is the creator of Alphatax, the market leading corporation tax compliance software built over the last 25 years with a £60 million investment into research and development. Alphatax is used by over 1,000 customers including 43% of the UK FTSE 100 and 23 of the top 25 Accountancy firms.