Solutions

Corporate Tax Preparation Outsourcing

For busy accountants handling high volumes of clients, processing routine corporation tax returns for limited company clients can be a drain on time. You might just want help at the busiest times of year as corporate financial years wind to an end, or someone to take the burden away from you entirely. Why not let our outsourcing team handle those for you?

 

Why outsource corporate tax preparation?

 

Corporate tax preparation outsourcing can be beneficial for accountants in a number of ways. First, it can help to free up time that would otherwise be spent on preparing routine corporation taxes. Tax preparation outsourcing as an ongoing part of your business model can allow your core staff to focus on the highest value clients who are most in need of strategic advice.

Additionally, corporate tax outsourcing can help to reduce the overall cost of preparing corporate taxes. This is because accountants will not have to purchase and maintain expensive tax software or dedicate a significant amount of time to tax preparation.

Finally, corporate tax outsourcing can also help to improve the quality of corporation tax returns. This is because accountants who specialise in corporate tax preparation will be able to provide more accurate and complete information than those who do not have this specialisation.

 

Increase your capacity with outsourcing

 

Our cost-effective solution is the easy way to increase your capacity. Our outsoucing team, based overseas but managed from our headquarters in Sittingbourne in Kent, is experienced in processing corporation tax and business tax registrations and preparing limited company, partnership and LLP tax returns.

Working with the information you provide, and using your own accounting software and systems, they’ll provide a seamless, efficient service that reduces the burden and, crucially, will make you look good. We will take care of everything for you, from start to finish. We can even file the return on your behalf!

 

What we need from you

 

To get started, we will need some information from you about your business and your clients. This includes:

– The name, address and VAT registration number of the limited company

– The accounting period end date

– Details of any corporate tax losses carried forward

– Details of any corporate tax payable in the current year

– Any other relevant information that would be helpful in preparing the corporate tax return

Once we have this information, we will be able to provide you with a quote for our corporate tax preparation services. If you are happy to proceed, we’ll get started right away.

 

Let’s talk

 

A conversation is the best way for you to explore how outsourcing could work for your business or accounting practice. Whether you’d rather talk, put your questions and details in writing, or visit our office in Sittingbourne, contact us to take the first step today.

With the extra capacity our business has continued to grow. We spend less time moving figures around and more time ensuring our customers really understand the accounts to make a difference in their business. We’ve been working with Diamond outsourcing for 2 years now and I have continued to recommend them to my peers.

— Sole practitioner, Oxfordshire 

Four easy steps

Our process is straightforward and transparent

step one

Initiation

Our UK management team will work with you to set up goals and processes – who is responsible for what and how it will work in practice.

step two

Handover

We'll brief the overseas audit team and get you connected. You'll manage them directly but can call on us whenever you need to.

step three

Processing

The audit processing team will work through the tasks you set them, from reviewing accounts to running audit tests.

step four

Results review

They'll present outputs on the agreed schedule and we'll check in with you to confirm you're happy with the results.

How do you prefer to work?

Talk to us about your processes and challenges so that we can design an outsourcing service for you.