Six Reasons to Outsource your Company Tax and VAT Services Now

Consultants collaborating in a modern office environment
Company Tax and VAT Return - UK

If you are a UK Accounting Practice looking to improve the way you meet your clients’ company tax and VAT needs, you should consider outsourcing to a supplier such as Initor Global. 

Initor Global has been providing company tax and VAT services to Accounting Practices across the UK since 2006. Our customers rely on us to provide fully compliant services. We have detailed knowledge of UK tax, professional accounting standards and frameworks, and data protection requirements.

We have been listening to feedback from our customers on the reasons why outsourcing personal tax services, including the company tax and VAT services is right for them. Here are the top six reasons.

Reason 1: Professional services provide a better client experience

UK Accounting Practices recognise that it can be difficult to prepare their clients’ to meet HMRC’s deadlines for company tax and VAT returns. By nature, clients will want to put off submitting information to HMRC which results in a tax liability, and will want to delay paying HMRC any tax due until the last possible moment.

In addition, many clients are simply not interested in the detailed work accountants need to complete to ensure tax returns are accurate. From 1 April 2023, the government has introduced higher corporation tax rates. Engaging clients in the importance of managing their corporation tax position throughout the year can assist in smoothing the peak of work when tax calculations must be made, and Form CT600 and iXBRL tagged accounts submitted to HMRC.

Practices outsourcing the CT600 and iXBRL tagged accounts preparation process find they have more time to spend with their clients discussing their company tax situation and engaging them in the process, with the opportunity to upsell high value advisory and other recurring services such as bookkeeping.

With the introduction of making tax digital for VAT, all VAT registered businesses should be submitting information to HMRC electronically. An outsource partner can work with most accounting software to check HMRC returns and resolve any anomalies before submitting information to HMRC each quarter.

With an outsourced solution, Practices will have access to a team of tax specialists who will provide assurance company tax and VAT returns are prepared accurately and on time, and that experts are available to provide any other services commissioned, such as the preparation of sole trader accounts, bookkeeping or amendments to previous tax submissions.

Reason 2: Reduced costs and increased quality

The cost of outsourcing tax and accounting services is typically 50% less when compared to the equivalent services provided in-house. With an outsourced solution, there is no need to maintain a large in-house team of tax specialists. When implementing an outsourced solution, UK Accounting Practices often find the review of internal systems and processes needed secures wider efficiencies, such as the automation of tasks and more effective document management.

With an outsourced partner focused on delivering the tasks and processes an Accounting Practice needs, the quality and accuracy of company tax and VAT returns is improved, with an increase in the quality of services to your clients.

Reason 3: Clients can access more services

Using an outsourced solution allows an Accounting Practice to scale up and confidently and offer company tax and advisory services to meet clients’ needs. It also ensures a Practice has the capacity to deliver growth in revenues, and that clients have access to all of the services they need as their company tax situation changes. 

Reason 4: Reduced risk of service failure

Many UK Accounting Practices rely on a small team of accountants working tirelessly throughout peak periods to achieve HMRC’s deadlines for filing tax information. Reliance on a small number of experienced tax specialists presents a high risk of service failure should individuals leave a Practice at short notice, and if you cannot access a suitably qualified or experienced replacement in time. With an outsourced solution, an Accounting Practice has access to a large team of experienced tax specialists who can provide the continuity of service needed.

Reason 5: Data Protection assured

Most outsource partners will have experience of all major cloud based bookkeeping, tax and accounting software, which can be accessed from their own secure servers. They can also access your Practice server using secure remote login arrangements. Outsource partners can provide evidence they are GDPR and ISO 27001 compliant, and that client data is always secure and cannot be downloaded.

Reason 6: Removing recurring tasks helps develop people

Some UK Accounting Practices are nervous about outsourcing any service because of the perceived negative reaction among their people. However, the removal of deadline driven tasks from the day to day workload of accountants means they have more time to spend understanding the needs of clients and upselling services. Less time is spent on tasks such as contacting clients for missing information and data management, allowing individuals to focus on their continuing professional development and building the skills needed for the future growth of an Accounting Practice.

Main features of Initor Global company tax and VAT services

Initor Global has been providing outsourced company tax return services to UK Accountancy Practices since 2006. We prepare quarterly VAT returns and annual corporation tax returns (Form CT600) for your clients to review, and tagged accounts for submission to HMRC using iXBRL software. We can also calculate the amount of section 455 tax to be paid by a company where directors have an outstanding loan. Ensuring compliance with HMRC’s rules can be daunting, and penalties can be excessive if a deadline is missed or incorrect information submitted to HMRC.

Our team of qualified accountants and tax specialists provide the company tax return services your clients need, with our rates typically 50% less than the equivalent service in the UK. All services are delivered to the highest professional and quality standards your Practice expects. Many of our accountants and tax specialists trained and worked for Practices in the UK.

Our accountants and tax specialists have experience of all major tax and accounting software, making tax digital rules and iXBRL requirements. We can access cloud based software from our own secure servers. If you prefer, we can access your Practice server using secure remote login arrangements.

We tailor our services to your specific requirements, you can commission work on an ad-hoc basis or using a dedicated, named accountant, who will work remotely as part of your team. Our company tax return services are completely flexible and can be scaled to meet your Practice growth plans or peaks of work. We can help your Practice update its workflows to ensure the smooth transmission of data to our accountants, which in turn ensures an effective turnaround of work.

Our VAT services include:

  • Advice on the appropriate VAT scheme for your clients
  • VAT registration
  • Monthly bookkeeping to support preparation of VAT returns, including late claims
  • Preparation of quarterly VAT returns
  • Filing of monthly and quarterly VAT returns with HMRC using making tax digital compatible software
  • Advice on payments and refunds from HMRC
  • VAT deregistration and filing of final VAT return.

Initor Global is GDPR and ISO 27001 compliant, providing the peace of mind you need that your client data is always secure.

You can trust our team of qualified, professional accountants and tax specialists to provide the company tax return services your Practice needs.

If you are looking to take your Accounting Practice to the next level, and provide effective company tax and VAT services while reducing costs, you can arrange a free consultation with our expert team.

We offer a free, no-obligation trial of our company tax and VAT services.

Please contact us on  or visit our website at

You can also call us on 0203 519 2121.