Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
The innovative product, named Tax Pro, is designed to ease the complexities of payroll, tax, and compliance filings.
Tax Pro eliminates the need for costly software subscriptions by allowing the secure sharing of necessary data with Sleek’s accountants through Countingup’s proprietary software. This partnership marks a significant step towards simplifying the tax and compliance process, offering a cost-effective and hassle-free solution for small business owners.
This collaboration not only expands Countingup’s offerings but also enhances its commitment to simplifying taxes. It introduces innovative features like tax pots and the tax timeline, further supporting the ease of managing tax obligations for the self-employed.
Angus Reid, COO of Countingup, highlighted the challenges small businesses face in managing taxes: “The tax landscape is a maze for small businesses operating without the luxury of an in-house finance team. Self-employed people are juggling hundreds of tasks, and most really struggle to keep up with their filing responsibilities, let alone the tax regulations. They’d much rather focus on running their business day to day.
“That’s where Countingup has focused to date. By partnering with Sleek, we are improving the way limited company owners do their taxes, delivering a seamless, user-friendly filing service that provides peace of mind for small business owners.”
Echoing the sentiment, Edward Kirkby, Sleek’s Head of Country for the UK, added: “At Sleek, we are committed to simplifying the administrative burden for small business owners. By partnering with Countingup, we’re able to offer their clients an integrated solution that not only reduces the cost and complexity of tax compliance but also provides peace of mind. With Tax Pro, limited company owners can focus on growing their businesses, knowing that their tax obligations are handled efficiently and accurately.”
Keep up with all the latest FinTech news here
Copyright © 2024 FinTech Global
