ITP Accounting Professionals (ITP), Australia’s foremost earnings tax refund specialists, have introduced its partnership with TaxTank, an revolutionary cloud-based software program, to revolutionise tax administration for particular person taxpayers.
Over 300,000 ITP purchasers throughout Australia can now streamline their tax and funding administration digitally with TaxTank. This integration permits for real-time dealing with of funds, eliminating the standard end-of-year tax slog and enabling steady, dwell advisory companies all year long.
These purchasers at the moment are a part of TaxTank’s quickly increasing consumer base, which incorporates people, property traders, and sole merchants, and has grown by greater than 279% within the final 12 months.
The collaboration between ITP and TaxTank signifies a pivotal shift in direction of a digital-first strategy in tax administration. Handbook information entry and paperwork not solely eat vital time but additionally enhance the chance of errors, resulting in potential penalties and consumer dissatisfaction. Digital options streamline these processes by automating information entry and offering immediate entry to up-to-date monetary info.
Walter John Bailey, Founding father of ITP Accounting Professionals, expressed enthusiasm concerning the partnership, stating, “Partnering with TaxTank represents a major milestone in our dedication to breaking limitations and delivering unparalleled worth to our purchasers. By harnessing cutting-edge expertise, we’re poised to redefine the tax panorama, providing purchasers seamless entry to their monetary and tax information year-round, lowering the chance of consumer unintentional errors and saving time when submitting returns.”
Nicole Kelly (pictured), Founding father of TaxTank, echoed the sentiment, emphasising the platform’s function in offering people with transparency and empowerment in managing their taxes year-round. “Our platform empowers taxpayers to proactively navigate their tax obligations with confidence, eliminating the stress and uncertainty related to tax time. We see a pure match with ITP, given their nationwide presence and dedication to offering seamless tax options throughout Australia. ” she remarked.
With TaxTank’s user-friendly interface and complete options, people can effortlessly observe earnings, bills, investments, and extra, making certain compliance and optimising tax outcomes. This partnership signifies a paradigm shift in tax administration, the place purchasers can bid farewell to the annual tax rush and embrace a proactive, digitally-enabled strategy to monetary stewardship.