From insightfulaccountant.com: Generative AI tools are enabling tax professionals to complete routine tasks up to 56% faster, yet many are not effectively reallocating this saved time.

Research shows that a significant portion of the time gained is wasted on routine work instead of being redirected towards more valuable tax services or skill development.

To optimise efficiency, tax leaders should implement strategic tracking, establish time logging procedures, and develop a blueprint for reallocating hours to higher-value activities.