Tax Digital Solutions

As the finance function embraces technology and makes real-time financial data and insights available, the tax function is also leveraging new technologies and evolving in tandem to better support the management in making timely business decisions. Tax consultancies too must scale up to provide better client support anytime, anywhere.

For tax professionals in a practice firm, a general three-stage guide on digitalising is available in the Accountancy Industry Digital Plan (Page 6). Begin by finding out, how digital-ready your firm is here.

Specifically for tax, these are some of the digital solutions:
Thomson Reuters’ OneSource
Wolters Kluwer’s Prosystem Fx Engagement*
Xion’s AI.TaxAssist and AI.TaxAudit

*SINGTAX and Prosystem Fx Engagement are pre-approved solutions of the DTACT funding where small and medium-sized practices can get financial support of up to 70% for the first year of adoption of each of the pre-approved solutions, with the total grant amount capped at S$30,000.

Other Online Solutions

In view that many are telecommuting and working away from easily accessible office equipment, various free online tools such as pdf merge, pdf split, pdf editor, pdf protect and scanning apps (CamScanner for Apple | CamScanner for Android) continue to be popular. These are in addition to an array of remote working solutions and other online solutions available of which many have funding support too!

Do remember to be safe online. If you require further assistance on adopting technology, please contact SCTP.


Upcoming Events
Tax Articles
Tax News
Taxlogues (members-only access)
The Region's Tax

Please click here for speaking opportunities at SIATP's(now referred to as SCTP) events.


Benefits and Privileges of Accreditation
Accreditation Criteria
Membership Fees
Apply Now

Please click here for possible publication of your article.

Privacy & Data Protection Policy | Terms of Use | Copyright © 2020 Singapore Chartered Tax Professionals Limited

This site is best viewed in Google Chrome and Mozilla Firefox. Please use the print-friendly icon on the left for optimum prints.

facebook icon
linkin icon
email icon
print icon