The Beauty Accountant celebrates Tax Return Milestone

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The Beauty Accountant Delivers 100% of Client Tax Reports or Prompts Within 1 Business Day of the new tax year shattering the firms July - October Deadline Norm, and millions of submissions that are historically made by many business owners and accountants alike late every the year tainting the Busy Christmas holidays!

In a groundbreaking move that redefines what's possible for financial reporting and tax return preparation ahead of making tax digital, The Beauty Accountant has achieved what many in the industry consider impossible: delivering all client draft tax returns or actionable prompts—in just 1 business day following the April reporting period.

Traditionally, such reports aren't finalised until much later in the year, leaving beauty business owners in the dark during crucial cash flow planning months.

But on 08 April, The Beauty Accountant team turned months of waiting into hours of execution.

“We proved that real-time tax clarity isn’t just a dream, it’s our new standard and a dream that I have been slowly building the last few years,” said Ria-Jaine, Director and Licenced Accountant. “And it’s going to help our beauty business owners make confident money moves today, not six months from now. I had the idea just the day before the tax year ended and whilst on a call with my mentor Dermot Hamblin, and as I said my vision out loud I couldn’t believe that it was now a very real possibility, systems and processes are everything that we had been working towards the last few years. I am very proud of what we achieve as a small family business and it was a great experience working through the plan with my godsister Sherean who was a big help in helping me turn my vision into a reality in one day! ”

The system, powered by Quickbooks, delivered comprehensive reports and working papers to the team, following a carefully designed monthly Success Day™️ protocol for every client actively using the monthly system, while those not yet integrated received first drafts and customised prompts to submit the missing info, ensuring no one was left behind.

The results:

✔️100% of clients following the Success Day ™️ protocol received a draft tax return within 1 business day

✔️Businesses now have the data needed to manage July payments, plan for January, or secure a mortgage with zero last-minute paperwork stress.

✔️The flexibility to use the additional time freed up to invite every client to book in a tax return review call at no extra cost and as part of the monthly subscription.

After working hard to implement the systems to enable this rapid reporting, The Beauty Accountant is now in a position to scale and take on additional clients.

“This isn’t just faster,” “It’s smarter. It’s proactive. And it’s the future of tax reporting for business owners who want to stay ahead.”

Read more about how Ria-Jaine works with the beauty industry here; https://quickbooks.intuit.com/uk/blog/ria-and-izzy/