E-tax moves closer.

New products aim to make most of electronic tax-filing, but BASDA gives a warning.

Written by Alex Miller.

The anticipated electronic tax-filing revolution has gained momentum after two companies announced initiatives to explore the opportunities the system can provide. Electronic filing company PeopleDoc and Barclays Bank digital signature service Endorse in partnership with chartered Accountants Ashley & Co have both announced developments. But BASDA has warned the companies that the government has not agreed the final details to the legal requirements of its electronic tax-return programme. Edinburgh-based PeopleDoc has announced an initiative to help Sage accountancy software users manage their relevant business information with the launch of its electronic filing system 'EasiFile designed for Sage'. The initiative followed independent investigations to identify the barriers to managing business information. It was found firms want to be allowed to access paper-based and electronic information and Sage documents instantly. 'EasiFile aims to allow users to access information quickly and easily. This product has great potential for Sage users. Companies are required to keep records for six years.Users will benefit from time and cost-saving efficiencies,' said Sage. Meanwhile Barclays Bank digital signature service Endorse has signed up chartered accountants Ashley & Co to enable it to complete the first fully comprehensive e-tax return service in the UK. The Twickenham-based firm already offers the ability to file tax returns and make payments online on its website. But the pilot is looking at adding a digital signature facility to offer customers to sign documents online. However BASDA said nothing has yet been decided: 'The claim is questionable when the government has not yet set the electronic signature rules.'

Advertisement

Tags:

Comments

White papers

Related jobs

More Accounting jobs

Spotlight

Ted Bell, Abel and Cole FD

Profile: Ted Bell, FD of Abel and Cole

The combination of the online shopping boom and a hunger...

Top 30 Accounting Networks and Associations 2008

The race to become the biggest firm on the planet...

Barack Obama Accountancy Age cover October 2008

Obama: asset or liability?

What an Obama presidency could mean for you

Find your next job

Find your next job
Salary Checker

Job of the week

More finance jobs

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Your next job

Have your say

Will proposed tax cuts help to stimulate the economy?
Yes
No

Advertisement

Search white papers

Search white papers

Advertisement