|
R&D SME payable tax credit - calculation when periods straddle 1 April 2023
From 1 April 2023, the rate used for calculating the payable tax credit reduced from 14.5% to 10% for the R&D SME scheme. HMRC have issued guidance within the Research and Development manual (CIRD90500) on how to calculate the total payable tax credit when the accounting periods straddle 1...
|
|
14 Nov, 2024
Views: 223
|
|
|
Is TaxCalc approved by HMRC for filing?
Yes, TaxCalc is approved by HMRC including the following. Please note we will be listed as Acorah Software Products Ltd (TaxCalc). Self Assessment commercial software Making Tax Digital for VAT
|
|
01 Aug, 2019
Views: 222
|
|
|
Useful information relating to the Dividend Database (2021-22)
Below is some useful information surrounding the data held within the Dividend Database for the 2021-22 tax year. If you are looking for information relating to the 2022-23 tax year, please review our article for Useful information relating to the Dividend Database (2022-23). Companies who have...
|
|
21 Jun, 2023
Views: 211
|
|
|
Capital Gains Tax - filing error (CAL1) when tax has been paid but there is no gain - how to file the return
When does the CAL1 filing error occur? When real time Capital Gains Tax (CGT) has been paid and entered into CGT10, the amount of CGT paid appears on the tax calculation summary (SA302) and is deducted from total tax due. If there is subsequently no gain to report , the return will fail filing...
|
|
03 Aug, 2023
Views: 211
|
|
|
Submission errors in CT caused by iXBRL file created externally
Unfortunately in this situation there is limited support that we can give as the accounts have been produced via a third party package outside of TaxCalc. Although the error messages are indeed displaying within TaxCalc, they represent submission errors that HMRC have reported as coming from the...
|
|
29 Mar, 2022
Views: 194
|
|
|
How to remove the HMRC API Fetch bar from the tax return?
From our update 13.7.148 onwards, you are now able to remove the HMRC API Fetch bar. This was preventing some users in entering information particularly if they had an large screen resolution. The below instructions will guide you through how to achieve this. Open a tax return and click on View...
|
|
06 Sep, 2023
Views: 187
|
|
|
Useful information relating to the Dividend Database (2022-23)
Below is some useful information surrounding the data held within the Dividend Database for the 2022-23 tax year. If you are looking for information relating to the 2021-22 tax year, please review our article for Useful information relating to the Dividend Database (2021-22). For information...
|
|
27 Jun, 2024
Views: 177
|
|
|
Making sure a paper return is counted correctly as being filed in TaxCalc
Customers report that if they change the filing status (Set work status > Set Tax Work Status) this does not update the Tax File counters as being submitted, leaving the Tax Returns filed as being incorrect. In order to make sure the Tax Returns filed counter reflects both the returns filed...
|
|
27 Sep, 2019
Views: 177
|
|
|
Useful information relating to the Dividend Database (2023-24)
Below is some useful information surrounding the data held within the Dividend Database for the 2023-24 tax year. For information relating to other years, please see Dividend Database, useful information Alpha FX group Renamed to Alpha Group International for 2023 National Express Renamed to...
|
|
27 Jun, 2024
Views: 147
|
|
|
Pension Lifetime Allowance changes from 1 April 2023
The lifetime allowance charge was abolished by Finance (No.2) Act 2023 s18 with effect from 6 April 2023, although other tax charges can apply in its place. Under Finance (No.2) Act 2023 s19, benefits that would have otherwise suffered a 55% lifetime allowance charge are instead treated as pension...
|
|
24 Oct, 2024
Views: 132
|
|
|
Do we store customer data (Individual users)
Unfortunately TaxCalc does not store individual user tax returns on our server. This is due to the Data Protection act which does not allow TaxCalc to hold personal and confidential information about our customers. Tax returns must be saved either locally on your machine or to an external...
|
|
29 Mar, 2023
Views: 76
|
|
Cookie Settings