For large accountancy firms handling UK tax compliance for globally mobile individuals, the traditional process is labor-intensive and time-consuming. Preparing a single tax return can take several hours, especially when it involves multiple cross-border considerations. Manual data entry, complex calculations, and multiple reviews by different teams introduce the risk of human error and can lead to significant delays.

On average, preparing a personal tax return manually can take 5-7 hours, with added time for internal reviews and revisions. This process can cost firms more per return than fees recoverable, depending on the complexity of the expatriate’s situation. Multiply that across hundreds or thousands of clients, and the costs in both hours and money become substantial.

Untaxing automates the entire process, from data collection to final submission, reducing the time spent per return. Automation eliminates manual errors, streamlines reviews, and ensures consistent compliance with UK tax laws. By implementing an automated platform like Untaxing, firms can reduce preparation time by up to 70%, leading to significant savings in both hours and overall costs. Firms can potentially save hundreds of thousands of pounds annually, while also improving service delivery and client satisfaction.

In an era where efficiency and accuracy are paramount, automation offers a clear path to reducing operational costs and improving productivity, enabling firms to scale their services without sacrificing quality.