AI tools should help, not replace, tax professionals, says AI.
AI tools like ChatGPT are likely to have a significant impact on the UK tax profession in the future. These tools can automate routine tasks, freeing up tax professionals to focus on more complex and high-value work. They can also provide quick and accurate answers to simple questions, reducing the need for tax professionals to spend time researching tax regulations and legislation.
Source Taxjournal.com
