Inland Revenue data connectivity is here. This means that for the first time you can access a single report showing a complete picture of your clients’ provisional and terminal tax liabilities (no more having to log in to multiple websites to check whether payments have been made or enter figures into a spreadsheet).
You can also check whether your clients have missed a payment and, if they have, you can create payment plans and payment notices with fully flexible payment options built in.
This is now available through Tax Traders’ Residual Income Tax (RIT) Tool. Its December product release integrates this with the combined taxpayer report so payment options are available at the click of a button.
Tax Traders’ system has been reviewed and approved by Inland Revenue and all data is protected by its industry-leading security and encryption, giving you total peace of mind.
Picture: Michael Stoddart and Anu Shobhana Sasikumar, Tax Traders.
Only with Tax Traders
Tax Traders is unwavering in its goal to improve the provisional tax workflow. The tools it has developed over the past three years – including instant online swaps and the industry leading RIT Tool – are the result of its desire to bring automation into your workflow and make your work easier.
Inland Revenue data is the missing piece that completes the journey to provide a complete and automated tax payment solution. Tax Traders says it’s the only provider with this technology now, and for the foreseeable future.
Security and legality
Security and privacy of client data extracted from Inland Revenue and run through the Tax Traders’ system is critical and has been thoroughly considered throughout the integration process. All data held by Tax Traders is subject to industry-leading security practices.
The Tax Traders system has been reviewed and approved by Inland Revenue and all data is protected by its industry-leading security and encryption, giving you total peace of mind.
Now you’ve got it in one
1. Save time on file
Know exactly where your clients are at, at all times, while the Tax Traders system prepares options for you automatically.
2. Accurate, timely information
A single source of truth giving a complete view of your client’s tax position in one place.
3. User-friendly access
A user-friendly view of your client’s IRD data, available whenever you need it.
4. Automatically optimised RIT
No need to run a calculator. RIT optimisation (with payment options included) is automatically prepared for you.
5. Smart income tax notices
Make provisional tax a value-add with automatic payment options on your tax payment notices.
6. Single click, tax done
Finalise your client’s tax year, payment options and communications with a single click of a button.
Picture: Josh Taylor, co-founder and director, Tax Traders.
“This development is satisfying for us, as we know it frees up accountants to focus on creating greater value for their clients.”
Find out more:
The new technology is already in place and available to all Tax Traders Advantage clients. Register now to ensure you have access to these exclusive tools.
Not yet a client?
Make the switch today.
Call or email Tax Traders today to book a demonstration
0800 Tax Traders (829 872)