KPMG and Blue J Launch New Generative AI Powered Product for Tax Research

KPMG and Blue J Launch New AI-Powered Tax Research Tool in the UK

In a groundbreaking announcement, KPMG and Blue J have revealed their collaboration to launch a new generative AI-powered product that will revolutionize tax research in the UK. The tool, Ask Blue J, will enable KPMG to answer challenging tax research questions in seconds, significantly reducing the time spent on searching for and analyzing tax legislation and case law.

This new product marks a significant expansion of KPMG’s existing alliance with Blue J, which has already proven to be successful in predicting tax scenario outcomes with over 90% accuracy. With exclusive access to Ask Blue J for the first three years among the big four accountancy firms in the UK, KPMG is set to further enhance its tax advisory services.

Stuart Tait, Partner and Chief Technology Officer, Tax & Legal at KPMG UK, expressed his excitement about the potential of generative AI in driving a seismic change in the tax profession. The tool will allow KPMG’s tax experts to focus on advising clients on more complex and urgent issues, rather than spending time on administrative tasks.

The adoption of generative AI in tax tools is a testament to the commitment of both KPMG and Blue J to leverage advanced technology for the benefit of their clients. With Ask Blue J, KPMG employees will have access to a curated database of tax content, giving them a significant head start in creating other generative AI tax solutions.

Benjamin Alarie, CEO of Blue J, highlighted the transformative impact of the new tool on tax advisory services, stating that it will forever change how tax advice is formulated and delivered. By combining KPMG’s tax expertise with Blue J’s advanced AI technology, the tool promises to enhance efficiency and deliver enhanced client value in tax advisory.

The launch of Ask Blue J in the UK represents a new era in tax research and advisory services, setting a new standard for the industry. As KPMG and Blue J continue to innovate and collaborate, clients can expect to benefit from cutting-edge solutions that streamline tax processes and deliver unparalleled insights. Subscribe to stay updated on the latest developments in the business world.