Providing self-assessment as a service with software
Offering self-assessment services is one of the core areas of many accountants’ business – so much so that it’s often where accountants start out, before going on to develop further services. The flip side of that can be though, that as your practice grows, so does the number (and complexity) of tax returns you handle.
And that makes sense: managing self-assessments effectively can help you attract new clients; while building on the reliable relationship you’ve established with your existing ones.
But there’s one key step to providing self-assessment services most successfully – and that’s choosing the right software to support you. During tax season, you need a reliable partner by your side – and these days, that means having invested in specifically designed, cloud-based self assessment software.
Here’s how having the right tool in place can help set you up for self-assessment success.
How does software help accountants deliver self-assessment services?
Self assessment software does many things, but its ultimate purpose is to simplify the parts of managing tax returns that take time: from preparation all the way through to eventual filing. It relies on automation to make things efficient – all without compromising on accuracy or compliance.
Some of the key ways software can enhance your self-assessment services are:
Automated tax calculations
Capium’s software automates tax calculations, ensuring accuracy and reducing the risk of errors. This feature makes preparing tax returns faster and more reliable, giving you more time to focus on advising your clients. There’s also no limit on the number of returns you can process – we charge you based on the number of clients you run through the system, rather than the number of returns.
Seamless integrations
Keeping accurate and compliant is much easier when your software integrates with the systems you need to work within – which is why Capium’s software integrates seamlessly with HMRC, allowing you to submit returns electronically with ease. It connects with our other Capium software, too – meaning you should never need to enter data twice.
Managing multiple clients with ease
Handling self assessments for multiple clients can be overwhelming without the right tools, but that changes when you’re able to submit and track the statuses of all client returns in one place. Capium’s software is designed to help you manage large volumes of returns efficiently, with a clear view that gives you peace of mind your returns are with HMRC ahead of the deadline.
Checks designed to keep things accurate
Even though the risk of human error is dramatically reduced when using self assessment software, it’s still useful to have safeguards in place to reassure you that everything’s accurate and correct. Our software comes with enhanced error warning – flagging potential errors so that you can review, adjust, and confirm returns with minimal disruption.
Compliance is a given
You know how essential keeping client data secure is, and so do we. That’s why we’ve designed our cloud-based platform to make sure all sensitive documents are stored securely, while allowing easy access whenever you need them. Because we automatically update our self assessment software, and have direct integrations in place, you also don’t have to worry about compliance – whether it’s MTD or GDPR, we’ve got you covered.
Why choose Capium for self assessment software?
We used to be accountants ourselves – so we understand exactly what challenges self-assessment season can bring. We’ve used that understanding and insight to design our self assessment module especially for accountants who want to transform the way they approach self-assessment season. If that sounds like you, we’d love to get you booked onto a free trial so that you can see how it works in practice.
