Sydney, 14 November 2017, Sage, a market leader in cloud accounting solutions, today released a cloud version of HandiTax, Australia’s most trusted electronic tax lodgement software.
Developed locally, Sage HandiTax Cloud will help Australian accounting practices quickly and accurately create, lodge and track IAS, BAS, and tax returns for individuals, companies, partnerships, SMSF’s and Trusts. Purpose built for use in the cloud, this solution provides customers with real time data which can be accessed from almost anywhere at any time, via a browser.
According to IBIS research*, tax compliance is a thriving industry with more than 33,800 businesses providing accounting and tax services in Australia. These services represent around 22 percent ($4.3bn revenue) of all accounting services.
“The accounting industry has rightly been focusing on the shift towards advisory services, but tax is not dead. In fact, tax and compliance are often the starting point for generating further value added advisory services for practices,” said Michael Farrell, Director, Accountants, Sage Software Australia.
“Sage HandiTax is used by more than 7,000 accountants to lodge millions of tax returns every year and we will continue to drive innovation in this vital segment of the market,” he said.
Sage HandiTax Cloud is part of a growing suite of cloud based products from Sage designed for both Accounting practices and businesses of all sizes. These products are helping accountants to be better connected with their customers and partners. This in turn drives more productive businesses and more informed decision making.
Learn more about Sage HandiTax Cloud
* Source: IBISWorld Pty Ltd (IBISWorld Industry Report M6932 2017-18)