Increased digitalisation of the economy will bring a host of benefits to governments and tax agencies. We sat down with a wide array of finance experts, from professors to heads of international tax, from around the world – to get their take on the future of tax – and how digital platforms will redefine future tax systems.
For revenue agencies, customer expectations continue to shift. With a rising number of “gig economy” taxpayers, an expectation of commercial brand style service levels and a growing list of new, digital contact channels, revenue agencies must embrace agility to meet demands.
By rising to the challenge, not only will revenue agencies improve customer experience, they will also reduce errors and increase compliance.
Taxpayers want more personalized services.
Digital earners struggle with tax compliance.
Service design can increase compliance levels.
Today’s dynamic world continues to put increasing pressure on revenue agencies. Frequent budget reductions and resulting staffing issues have made doing more with less the new “norm.” The rapid pace of technology innovation, tidal wave of customer data, expanding partner ecosystems and continuously evolving security threats all compound revenue agency pressures.
Concurrently, customer expectations continue to rise, calling for service levels that are comparable to commercial brands. Customers want more personalised services and new channels such as chatbots and virtual assistants that are powered by a variety of artificial intelligence technologies.
Paying taxes will never be seen as an experience on equal footing with most other experiences in people’s lives. But, agencies can proactively transform customer engagement and experience to reduce stress, anxiety and confusion and deliver a greater sense of satisfaction than today.
Agencies must make two important steps to transform customer engagement into a strategic asset: redefine its vision and evolve capabilities.
Meet our subject matter experts and get their latest take on the most pressing issues facing revenue agencies.
David Regan explains some of the challenges in moving into real-time taxation.
David Regan explains how business leaders across the world see real-time taxation evolving according to our latest research.
New risk patterns and an evolving trust balance are changing the compliance game. To manage risk in this new era, a four-fold paradigm shift is needed.
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Meeting customer needs for an on-demand service with conversational AI technology
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