Tax Systems is the leading provider of corporation tax software and services in the UK and Ireland.  Its solutions automate the end-to-end tax compliance process and are used by over 900 large corporations, as well as 23 of the top 25 UK accounting firms.  

 

 


  • Investment: March 2019
  • Sector: Technology
  • Business: Tax compliance software
  • Growth Strategy: Product and service development

Why we invested

HMRC’s Making Tax Digital (“MTD”) initiative is driving fundamental changes in the way companies report their tax positions, starting with VAT from April 2019 to be followed by corporation tax and income tax.  With an enviable reputation as the leading provider of corporation tax software in the UK and Ireland, Tax Systems is uniquely positioned to capitalise on these market opportunities and to drive the digitisation of tax reporting.


The story so far

The roll-out of MTD for VAT has just commenced, and is creating significant demand for the company’s reporting, computation and data extraction products.

Website: www.taxsystems.com Read more about our Technology services strategy

It has been an absolute pleasure working with the Bowmark team to execute this transaction.  They understood our business very quickly and grasped the critical drivers and market potential.

Gavin Lyons
CEO
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