The Tax Preparation Software Developers industry's revenue is supported by the fact that tax returns are required to be submitted every year, making revenue less susceptible to any economic downturns. Industry revenue is expected to grow at a compound annual rate of 5.3% over the five years through 2022-23 to reach £174.4 million. Industry operators provide online software platforms that allow individuals and businesses to file tax returns. Services are provided to small and large businesses. This industry excludes tax preparation software used by professional accountants. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Strong returns: Making Tax Digital pushes businesses and consumers alike to use the tax preparation software
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Intuit Ltd
- FreeAgent Central Ltd
- Sage (UK) Ltd
Methodology
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