Phoenix TP Information

At Phoenix TP Limited, we tackle complex tax challenges for corporate groups using cutting-edge tools. Our flagship product, Deep Tax, leverages mathematical optimisation—a specialised branch of AI—to identify decisions that minimise tax liabilities and optimise attributes like losses, capital allowances, and DTR. Our Tools We have a range of tools: • Deep Tax: A proven solution that has identified substantial tax savings, including a £15 million saving for a group of over 50 companies. • Anomaly Detection Tool: Highlights inconsistencies and potential errors in source data. • Group Relief Compliance Checker: Validates compliance with overlapping rules for non-coterminous periods. Comprehensive Tax Coverage Deep Tax makes decisions at company and group levels, within single or multi-year timeframes. Its comprehensive, detailed, and up-to-date coverage includes: • CIR • Pre- and post-April 2017 loss relief rules, including the general loss restriction • Bank loss restriction • Group relief for current and carried-forward losses • Group relief rules for non-coterminous periods Seamless Data Integration Data can be imported automatically from Alphatax or via an Excel template. Why Phoenix TP? We have a distinct combination of expertise in tax, tax computation engines, and mathematical optimisation. While expertise in tax and computation engines is more common, combining this with practical experience in mathematical optimisation is highly uncommon. A Cognitive Approach to Tax Optimisation Deep Tax has two core principles: 1. Replicating Professional Judgement: • Specialised algorithms imitate the thought processes and objectives of tax professionals, enabling Deep Tax to think, review, analyse, and act like an experienced advisor. 2. User Influence and Customisation: • Users can tailor the optimisation process through strategies, overrides, and customised objectives, ensuring results align with specific business goals.