After the initial hype around artificial intelligence and its potential applications to accounting work, a few tools have started to emerge from the undergrowth. One of them is Tax Terrapin from business account provider ANNA Money, which is a chatbot trained on HMRC documentation to provide up-to-date answers to business tax questions.
I'd be interested in hearing your thoughts on the tool, which you can find via this link. They've said they're happy to receive a teardown, so don't hold back ;-)
What do you make of the answers it's providing? And what do you think about the assertion from AI tool developers that in time, there will be no need for accountants to memorise and store large amounts of specific tax information, and instead spend time working with businesses more generally?
Thanks as always,