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Provisional Tax Management: Sky Tax excels in managing provisional tax. It automates the calculation and production of IRP6 forms, letters, emails, and invoices for clients. The software also supports all three provisional tax payments, as well as additional top-up payments as needed. This capability is crucial for maintaining accurate and timely tax submissions, which can help firms avoid penalties and manage their clients' tax obligations more effectively​ (Accfinsky)​​ (Accfinsky)​.

User-Friendly Features: Sky Tax includes features designed to enhance usability and efficiency. For example, it offers one-click navigation for tax returns, making it easy to access and manage various tax documents. The system also provides a tax enquiry overview screen that displays the status of all interactions with SARS, including submissions, assessments, and document downloads. This feature includes robust filtering options, allowing users to quickly find the specific information they need​ (Accfinsky)​​ (Accfinsky)​.

On Tax Returns Comprehensive Assessment Checking: Our system ensures the accuracy of your tax returns by thoroughly comparing downloaded assessment data with your submissions, minimizing discrepancies and ensuring compliance. Where there is a difference, Sky Tax writes a query and also tracks and controls the taxpayer refund. Learn more about Assessment Checking.

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Interactive Calculations and Error Checking:The interactive calculation feature of Sky Tax allows users to step through each provisional tax record, making necessary adjustments as they go. This feature is particularly useful for ensuring accuracy and compliance, as users can input motivations for any reductions in the basic amount, which are required by SARS. Additionally, built-in checks ensure that all necessary data is entered before processing, reducing the risk of omissions and errors​ (Accfinsky)​​ (Accfinsky)​.

Efficient Data Management: Sky Tax simplifies the management of tax ledgers, providing a comprehensive view of all tax-related transactions, including P1, P2, top-up payments, and tax returns. This centralized view helps users maintain accurate records and easily access historical transaction data, which is essential for thorough tax management and compliance​ (Accfinsky)​.

Continuous Updates and Compliance: Accfin’s technical team ensures that Sky Tax is always up-to-date with the latest tax legislation and SARS policies. This commitment to continuous improvement means that users can trust the software to handle new regulatory requirements and changes in tax practice, allowing them to focus on delivering high-quality service to their clients​ (Accfinsky)​.

Pre-Assessment on Tax Returns: Before finalizing and submitting your tax returns, Sky Tax offers a pre-assessment feature. This function allows you to preview the return as it will be sent to SARS, comparing the Sky Tax calculation with the SARS calculation to identify and resolve discrepancies ahead of time.​