Corporation Tax now available | Silverfin
Silverfin has launched its UK Corporation Tax feature within its cloud accounting platform, enabling compliance teams to prepare and submit CT600s and tax computations efficiently through connected client data, automated tax logic, iXBRL tagging, and one-click HMRC filing, thereby eliminating manual data handling, ensuring accuracy, and maintaining compliance with the latest legislative updates.
We’re excited to announce the launch of Silverfin Corporation Tax for the UK.
It’s the latest addition to our cloud accounting platform, which already provides working papers, accounts production, and data insights for advisory services.
Silverfin Corporation Tax helps compliance teams improve efficiency and accuracy by eliminating the manual and repetitive steps typically involved.
Following successful beta trials, you can now prepare and submit client CT600s and tax computations from the same integrated cloud platform for tax and accounting.
This will save hours of wasted work, moving, copying and checking data and improve your client engagement in this key compliance workflow.
Complete your tax returns faster with connected data
One of the things users love most about Silverfin is that client data is connected.
This means no more version control issues or manually importing into a separate compliance tool. With Silverfin, data is connected: from the client bookkeeping system to the working papers, year end accounts, and now all the way into your tax computations and CT600.
When the source bookkeeping data changes, or you make any adjustments to the working papers, these updates are dynamically carried through into your Accounts Production and Corporation Tax templates.
Automation to ensure reliable tax computations and CT600s
We’ve added clever tax logic and automated computations throughout, helping improve accuracy and efficiency. From automatic tax treatment suggestions to iXBRL tagging and one-click filing with HMRC, time-saving optimisations to reduce manual steps are everywhere.
Through the tax year, Silverfin will automatically refresh our Corporation Tax product for any legislative updates.
You get peace of mind that not only are you using HMRC-recognised MTD software, but that your tax returns are compliant and based on the latest taxonomy.
A streamlined end-to-end process
Thanks to seamless integration with other Silverfin products, your accounting and tax teams can all follow one consistent way of working in the same platform.
With all workflows, client file review, communications and audit log managed in a single environment, it’s easier to get started, to pick up work from colleagues and to distribute jobs to remote teams.
If you don’t want to wait, or if you want to learn more about Silverfin for your practice, please get in touch today.