Knowledgebase Support HMRC Useful links
Knowledgebase home
Tax Return Production
Accounts Production
Practice Management
VAT Filer
CloudConnect
Anti-Money Laundering
Support home
Video Training Guides
NEW

Hot Topics
SimpleStep Guides
Release Notes
Technical
Known Issues

HMRC Status
Useful Links
MTD for Agents MTD for Businesses What is MTD
Preparation
Agent Services Account
MTD for VAT
MTD for Income Tax
MTD for VAT
Digital Record Keeping
Quarterly Updates
Step-by-step Guide
HMRC's MTD Timeline
TaxCalc's MTD Journey
Sub Categories
folder SA100 Individual Return
folder SA800 Partnership Return
folder SA900 Trust Return
folder CT600 Corporation Tax Return
folder R40
folder Filing Online


Tax Return Production
CT600 (version 3) Important Information
This form will be used for periods starting on or after 1st April 2015. After a successful beta of this return type, online filing has been enabled. If you do notice anything unusual, you should report it to the Support Team at support@taxcalc.com. Please note that the 2015 CT form no longer...
rating 23 Dec, 2015 Views: 2228
You must enter the Type of capital allowances / purchase date
If you receive either of these error messages when you click on Check & Finish, it means that there's an empty asset somewhere within the Capital Allowance wizard. To correct this you will need to go into the Capital Allowance wizard in SimpleStep mode and remove the empty asset. Further...
rating 20 Feb, 2020 Views: 2198
How do I add a new asset to the Capital Allowances grid?
To enter a new asset on the Capital Allowances grid, first go into the Capital Allowances wizard. SimpleStep mode SA100 – Your Work > Self Employment > Short/Full Form – Details > Capital Allowances SA800 – Trades or professions for (XXX) > Capital allowances for > CA...
rating 03 Aug, 2020 Views: 2176
How do I use excess pension contribution allowance carried forward from previous years?
TaxCalc automatically offsets your pension contribution allowance against your pension contributions for the current year. If there's an excess, you can bring forward any unused allowance from the previous three years (starting with the oldest year) and offset this against the excess. For...
rating 23 Mar, 2021 Views: 2174
How do I use the demo database?
The demo database allows you to practise using TaxCalc on a separate standalone database and trial its features without having to enter lots of data. To use the demo database, follow these steps: Start up the trial product in TaxCalc. Click on Notifications in the top right-hand corner. ...
rating 23 Oct, 2019 Views: 2173
How much tax will I need to pay in January?
The information you provide within the SA302 calculation will determine how much tax is due. This calculation will then apply any tax already deducted and leave you with a balancing payment (if there's any tax outstanding) or a repayment due (if you've overpaid in tax). If your total tax bill is...
rating 24 Mar, 2021 Views: 2157
How to complete the entries for notice of consent (CT600C) using V3 Form
CT600C Group and Consortium This article covers the V3 form of CT600 If you are completing the group and consortium pages to either claim or surrender losses for group relief, you may have to add a notice of consent form, if there is no simplified arrangement in place. Simplified...
rating 12 Feb, 2021 Views: 2069
How are software enhancements and issues prioritised at TaxCalc?
Every piece of software in every sphere will always have a list of outstanding enhancement requests and issues. We are fortunate that the list for TaxCalc is brief by industry standards and we are able to cover most things on a fairly short cycle due to our above average release frequency....
rating 07 Aug, 2019 Views: 2009
Claiming Married Couples Allowance
Married Couples Allowance (MCA) is an age related allowance applicable if at least one spouse is born before 6th April 1935. It could reduce your tax bill by between £353 and £912.50 a year. You can claim Married Couple’s Allowance if all of the following criteria apply: you’re...
rating 09 Jun, 2021 Views: 1988
Why can't I print PDF attachments?
TaxCalc can only print PDFs created using versions 1.4 to 1.7. To check the version of your PDF, complete the following steps: Open the PDF document. Click on File in the left-hand corner. Click on Properties. Check the version number in the pop-up window. If you can't print the PDF,...
rating 17 Feb, 2021 Views: 1951
Worked example of basis period for 2017 and previous years.
The basis period is the time period that HMRC uses for tax. If the accounting year end doesn't match HMRC's tax year end, these periods can be different and cause profits to be taxed twice (overlap profits). This is an example of a business that started trading on 1 November 2013 and prepares...
rating 21 Mar, 2019 Views: 1892
Can I submit the SA200 short tax return in TaxCalc?
You can't submit the SA200 short tax return in TaxCalc but you can use the longer SA100 tax return. You can file an SA100 either: on paper by 31 October or online by 31 January. TaxCalc will calculate any liability or repayment due, saving you time and ensuring you are aware of any...
rating 02 Mar, 2018 Views: 1890
How do I remove the watermark when printing a return?
If you want to remove a watermark from a tax return, you'll need to amend the printing preferences: Open the tax return. Click on Check and Finish. Click on Print. Click on Next Step in the HMRC warning message (if applicable). Un-tick Would you like to add a watermark? (towards the bottom...
rating 03 Aug, 2020 Views: 1834
How do I record the sale of EIS shares on my self assessment tax return?
How you record the sale of EIS shares depends on whether or not it is exempt from capital gains tax, as follows: Exempt – if the shares have been held for more than three years and income tax relief was claimed on the subscription. Not exempt – if the gain was previously deferred. To...
rating 21 Sep, 2015 Views: 1826
Why am I not receiving tax relief for my pension contributions?
You'll only see tax relief for your pension contributions if you pay tax at the higher rate. You make pension contributions net of basic tax. If you are a basic rate taxpayer, you receive tax relief in the form of HMRC topping up your payment by 20%. You get the tax relief automatically if...
rating 20 Aug, 2019 Views: 1816

Prev Next