And the continued evolution of the tax profession
May 21st, 2019
Technology has the potential to change the tax world in ways which we could hardly have predicted only a few years ago.
Change is nothing new to the profession. Tax sees more change than any other area of law. But this is different. It isn’t just the legislation that is changing with the passing of each finance act.
A.I. and automation were already hot topics in other legal fields, however the advent of HMRC’s Making Tax Digital [MTD] has increased their relevance to tax. And as the technologies employed by businesses change, the very nature of the business itself changes.
This year, the Tolley Industry Report will delve into the following 5 areas facing the tax professional:
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