Knowledge Base - TaxCalc

	Class 2 NIC from 2024/25 - small profits threshold and voluntary contributions Changes to Class 2 NIC thresholds For tax years 2022/23 and 2023/24, you needed to pay Class 2 NIC if your profits were above the Lower Profits...
	29 Apr, 2025 Views: 2016

	MTD for Income Tax - what to expect Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requires businesses and landlords with qualifying income to maintain digital...
	24 Apr, 2025 Views: 822

	MTD for Income Tax - Frequently Asked Questions MTD for Income Tax - Frequently Asked Questions Q1) As an agent, what does MTD mean for my clients? Clients that are mandated for MTD will be...
	24 Apr, 2025 Views: 188

	What reports can I generate in Accounts Production? TaxCalc Accounts Production will enable you to generate the following reports: Audit Trail (Selected batch or all transactions) Nominal Ledger ...
	22 Apr, 2025 Views: 1917

	Do I have to submit the CIC Report if a company is dormant? Dormant community interest company must file a CIC Report form together with the set of accounts. The CIC Report for a dormant company should state...
	22 Apr, 2025 Views: 57

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	TaxCalc Release Notes 2025 Below are the Release Notes for TaxCalc 2025 releases. Click to see the Release Notes for 2013-2016 > 2017 > 2018 > 2019 > 2020 >...
	22 Apr, 2025 Views: 183489

	What is a 1046 authentication error? When you receive a 1046 error message in TaxCalc (as shown above), it means one of the following: HMRC hold different details to what has been...
	26 Oct, 2023 Views: 132057

	Update to refunds made by HMRC On 1st April 2015, HMRC updated their system to change the way they allocate repayments of overpaid tax. HMRC will only process the refund using...
	14 Feb, 2023 Views: 105582

	Useful HMRC links and contact numbers Personal Tax How to pay HMRC – Different ways to pay your Income Tax or Capital Gains Tax Online Services Helpdesk – Help signing up for...
	28 Jun, 2017 Views: 89099

	How do I download TaxCalc? To download and install TaxCalc on a new computer, or update it on a computer that already uses TaxCalc, we recommend viewing our video tutorial...
	25 Oct, 2022 Views: 79133

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