LONDON, January 28, 2015 /PRNewswire/ --
CCH Personal Tax Software Reaches Market-Leading First-Time Success Rate in Online Filing of UK Tax Returns by Accountants to HMRC in 2014 Tax Season
CCH-branded Personal Tax software used by UK accountants for filing their clients' self-assessment tax returns* achieved a 99.65% first-time success rate during the April to December period in 2014.
The statistics show that CCH software, produced by global information services group Wolters Kluwer, is ahead of the 98.37% UK market average for third-party software providers (excluding Wolters Kluwer's own figures).
Simon Crompton, MD of the CCH UK software operation, says: "More than four and half million personal tax returns were filed online in 2014. This is a huge increase in the number of returns now submitted to HMRC electronically - two years ago the figure was a little over one and a half million.
"With these large numbers, even the slightest variance in the percentage of the first-time success rate can be hugely important and save accountants significant time and money. We are delighted with our latest results."
* Self-assessment tax returns SA100, 800 and 900
Notes to Editors
Wolters Kluwer had 2013 annual revenues of €3.6 billion, employs approximately 19,000 people worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt programme. The ADRs are traded on the over-the-counter market in the US (WTKWY).
Wolters Kluwer Tax & Accounting develops its products in the UK primarily through the CCH brand (http://www.cch.co.uk) and Twinfield online accounting (http://www.twinfield.co.uk) and is a leading global provider of tax, accountancy and audit information, software and services. It has served tax, accountancy and business professionals since 1913. In the UK Wolters Kluwer provides online information, books, software, magazines, professional development and fee protection.
Head of Communications
Wolters Kluwer UK
SOURCE Wolters Kluwer