CorpTax Solutions has assisted its clients to minimise overall taxation fees by breaking down tax compliance assignments into components when preparing income tax returns, Corptax Solutions uses its own tailored workpapers but does not charge a separate fee to use them. Outputs are provided in PDF format.

Examples of cost saving initiatives include:

• Preparation of income tax and fringe benefits tax returns by CorpTax Solutions with a high level review by Big 4 adviser (if required).
• Preparation of tax effect accounting models.
• Provision of resources to assist in-house tax team with compliance projects to meet compliance deadlines.

With the move to preferred segregation of the taxation and auditing functions to maintain independence, using CorpTax Solutions would enable a continuing relationship to be formed while maintaining the primary audit relationship.