Below are the Release Notes for previous versions of TaxCalc. Click to see the Release Notes for 2013-2019 > 2025
Please note we phase releases out so you may not see this available straight away.
Please note:
For Customers who have not already updated to Version 16, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Please check our System Requirements before installing this version of TaxCalc.
Product summary
Tax Return Production
Practice Manager
Communication Centre
Time
Accounts Production
AML Centre
Company Incorporator
Companies House Advanced Integration
Administration
SA100 Individual Tax Returns
2025 Client Questionnaire is now available.
Updated calculation for WhatIf Planner for capital gains tax rate changes following the Autumn budget.
General Maintenance
Fix added to Client Questionnaire to ensure that amounts over £1,000,000 are formatted correctly.
Fixed a display issue on the Self Employment summary when trading income allowance is claimed using the short form.
Updated Summaries menu to ensure that the Finance Costs Summary is not shown as available for 2023 and previous years.
Updated validation for UK property to stop it showing in error when other property losses have already been utilised.
Broken help links for Capital Gains Tax, Other information section have been fixed.
Updated wording on Filing by Internet screens for all Self Assessment Tax Returns.
Updated calculation for WhatIf Planner when transferring marriage allowance as the allowance was also shown as being received.
SA800 Partnership Tax Returns
General maintenance
Fixed an error where the partnership business summary displayed profit allocation and percentage share in the wrong column for partners with only profit, when salaries/adjustments are entered for some partners.
Updated some links in the Help section.
Share of profit and other income can now be directly entered through Forms mode.
Fixed an error where not all partners were shown on the partnership business summary (non-pro version only).
Fixed an error where the share of untaxed interest was shown in error on the individual partner statements when there were multiple accounting periods.
SA900 Trust Tax Returns
General Maintenance
Fixed an issue where the total tax due for 31 January 2025 was shown as 0 on the SA302 Tax Summary.
CT600 Corporation Tax Returns
Updated the import from Accounts Production to account for dividends received.
General maintenance
Updated the terminology and wizard for net dividends from other companies, to ensure associated company dividends are not included for marginal relief.
Fixed the alignment of totals on the Research & Development Expenditure wizard, on screen and on print preview.
A superfluous box has now been removed when the company type 'Company in Liquidation' is selected,.
Updated the loan balance in the loans to participators wizard, to show the correct balance when a previous loan has been repaid within nine months.
Updated the calculation for R&D SME loss surrendered for a period straddling 1 April 2023, so that it’s restricted to total enhanced expenditure for the apportioned period.
Unlocked boxes 326, 327 and 328 for companies paying quarterly instalments.
Fixed an issue where losses utilised were being removed from older returns that hadn’t been opened recently.
Start and end dates can now be applied to Services Rendered on the client record, to allow service provision tracking over the lifetime of a client.
Reports, Datamining and email tokens, as well as a client’s AML risk assessment, will show ongoing services only (locked AML reports will continue to show the historical data true to the report's date).
Work Item Status dashboard widgets updated to include filters for Portfolio Manager, Custom User Role or Office.
General Maintenance
WorkFlow
Task automation for updating the Work Status on Activity Type of Confirmation Statement will now display all options as expected.
Jobs linked to Non-TaxCalc work that are using the ‘When job is completed, create next period’ automation now calculate the next work period correctly.
Improved date calculations on recurring jobs when a recurrence setting of ‘Weekdays only’ was set.
Resolved an issue in recurring VAT jobs that could not create next period due to client missing required VAT information.
Reports
Client report with VAT return columns now showing complete data for partnerships, as well as the rest of client types.
Resolved an issue that could result in an error when creating or editing client information.
General Maintenance
When automated emails are triggered, the correct work period end is now always displayed within Message Activity/Pending (tab).
General Maintenance
Negative WIP is now displayed correctly in all situations if imported/set in the client record.
The WIP overview page no longer errors when billing multiple time logs consecutively.
Accounting periods will be locked automatically following successful submission to Companies House, to prevent accidental changes to accounts post submission. This is a setting which can be changed in Admin centre.
'FRC’s Ethical Standard – Provisions for small entities': the ‘Include this note?’ option with Edit Notes has been enabled to allow for the note to be easily included or excluded, in addition to the existing tick within the Audit Report – Basis of Opinion.
The ‘Statement of Compliance’, 'Auditor’s Opinion’ notes and ‘Basis of Preparation’ policy have been updated to refer to the new SORP 2024 for periods on or after 1 July 2024 – they will use a new 'SORP_reference’ token which will automatically refer to the correct SORP.
Statement of Cash Flow – new Check & Finish messages have been added to alert the user to inconsistencies which can result in the Statement of Cash Flow not balancing, such as:
When an amortisation charge in the Profit and Loss Account doesn’t match the amortisation in the Balance Sheet.
When a depreciation charge in the Profit and Loss Account doesn’t match the depreciation in the Balance Sheet.
General Maintenance
The member’s report will now include the LLP registration number in the report header.
The Audit Information Note for limited companies and LLPs has been updated:
The default text has been updated to refer to accounts in the first sentence and added a full stop at the end of the second sentence.
To allow for customisation of default wording.
Resolved an issue where the default account descriptions in Admin Centre for account codes 4249-1 to 4249-4 incorrectly referred to subsidiaries rather than associates.
Locking of an accounting period will no longer revert the abridgement option back to ‘Not abridgement’.
Resolved an issue where the updated report terms weren’t reflected in the share capital note for account codes 7005, 7006, 7025 and 7026 for subsequent account periods.
The accounting policy for Going Concern Disclosures and Government Grants or Assistance have been updated to remove the extra bracket from the default text.
Resolved an issue where generating a Support Schedules report from within the Lead Schedule caused the application to crash.
Accruals and deferred income will now be displayed within ‘Current liabilities – creditors less than one year’ (for postings to 5360) and ‘Creditors amounts falling due after more than one year’ (for postings to 5760) for new accounting periods where the accounting standard is set to FRS 105, so as to be consistent with the balance sheet layout of FRS1021A. Previously, for FRS105, these values were displayed on a separate line item after ‘Total assets less current liabilities’.
The following online filling errors have been resolved and will no longer restrict the user from filing successfully with HMRC and Companies House:
9999 - DividendsPaidToNon-controllingInterest is not dimensionally valid.
Group accounts
Resolved an issue where the turnover by class of business note incorrectly displayed the company figures within the group edit notes screen, therefore displaying incorrect comparative figures when preparing the group accounts.
Text fields within the Business Combinations note will now be returned to its default after the deletion of an acquisition.
Customised wording for group notes in Admin Centre will now be displayed correctly for new accounting periods at client level. Previously, the user had to reset notes for the edits to pull through.
The risk assessment report will no longer default to Limited by Shares as type of entity when the company is a Limited by Guarantee.
Firm Wide risk Assessment has been updated to omit the comma and ‘dup’ from the report title when creating a duplicate copy of the risk assessment.
Resolved an issue where the first company secretary was not displayed on the printed version of form IN01.
Companies House Advanced Integration has been updated to create new LLP clients and synchronize LLP information.
Resolved an issue where in some situations a backup taken from the remote machine (i.e., not the database host machine) could not be restored within the application and required Support assistance.
Please note:
For Customers who have not already updated to Version 16, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
To install this version of TaxCalc on Microsoft Windows machines it must be on Windows 8.1 or above. See our full list of System Requirements for more information on all supported operating systems with TaxCalc.
Product summary
Tax Return Production
Admin Centre
Practice Manager
Communications Centre
Time
VAT Filer
HMRC Forms
Accounts Production
AML Centre
Companies House Forms
Company Incorporator
Companies House Advanced Integration
Technical
General Maintenance
‘Filed to HMRC’ time/date stamp on Tax Work Status screen is now only shown when the tax return has been successfully filed online or marked as filed by paper.
Updated the delete functionality in certain scenarios for tax returns to ensure successful deletion when actioned.
SA100 Individual Tax Return
NEW Finance Costs Summary shows the detailed calculation for restricted finance costs.
NEW Calculation of Transition Profits Tax Summary.
Summaries update:
The Self Employment summary has been updated to ensure that basis period adjustments and rows relating to transition profits are displayed when appropriate.
Fixed a calculation issue on Foreign Tax Credit Relief summary where income includes life insurance gains.
Updated Student and Postgraduate Loan Repayment Summary to include a row for transition profits.
Updated SA110 Tax Calculation Summary notes following an update by HMRC.
Improved wording on Check & Finish information messages relating to brought forward amounts, where there is more than one set of self-employed pages for the same business.
Provided an information dialog when there are overlap profits or losses brought forward and more than one set of self employment pages for the same business.
Updated the logic for individual partner pages to ensure that the basis period start date is not overwritten when the basis wizard calculator is used.
Updated lifetime pension allowance pages following the abolition of the pension tax charge.
Provided an information message when pension contributions have been made by third parties and entered in the annual pension allowance wizard.
Capital Gains Tax pages:
Updated the disposal date validation to accommodate when the date of disposal is not in the current year, due to exceptions like EIS disposals.
Stopped additional allowable expenditure rows from being displayed twice on CGT final summary.
Updated criteria for when capital gains tax pages should be included as part of the tax return.
Update wording to clarify the usage of the Seed Enterprise Investment Scheme box on the relief section of capital gains.
Update the disposal summary to show SEIS exemption correctly.
Updated the list of approved professional organisations for tax relief on subscriptions.
SA800 Partnership Tax Return
Further improvements to the Partner Details page, including:
Improved performance when dealing with a partnership with a large number of partners.
‘Select All' option to enable all partners to be selected at once.
Multi-select option using keyboard functionality.
Ability to sort by different columns.
Column headers frozen when scrolling down the page.
Improvements to the Partnership Statement pages, including:
Improved and update layout.
Ability to enter pre-profit/loss share adjustments.
Ability to search.
Percentages for partners' profit allocation now brings forward from the previous year.
Updated limits in validations relating to annual investment allowances.
Ensured that expenses are retained when an import from accounts production is re-done.
Added Individual Partnership Statement Summaries to the Summaries menu.
Included ability to filter on individual partners.
Ensured that data is correctly aligned in the tax return boxes for second and subsequent trade pages.
SA900 Trust Tax Return
Updated the Tax summary so that a repayment requested is not being automatically offset against payments on account.
CT600 Corporation Tax Return
Audio Visual & Video Games Expenditure Credits (AVEC/VGEC):
Stopped a Check & Finish message showing when no enhanced creative tax credit claim has been made.
Stopped tax adjustments relating to AVEC & VGEC from being auto-populated.
Updated XBRL tagging on the computation.
Updated help information.
Improved wording on creative tax relief Check & Finish validation message #tc599 to make it clearer that the amount claimed for a tax credit must equal the loss surrendered for the credit.
Updated the UK Land & Buildings wizard to populate non-trading capital allowances where relevant.
Allowed data entry for qualifying expenditure.
Allowed data entry for full expensing.
Fixed an issue relating to the calculation of special rate pool 50% first year allowance in the capital allowances manual grid.
Fixed an issue relating to the calculation of full expensing allowances in the capital allowances manual grid.
Updated ordering of ‘R&D payable tax credit pre and post April boxes’ in Forms mode.
A licence warning is no longer shown for CT600s when selecting option ‘Use Office gateway credentials’ and no Workflow licence exists.
Ensured that an incorrect validation is no longer shown relating to loan to participators and the date of repayment being before ‘today’s date'.
Updated the patent box wizard to prevent Non IP Income being ticked as Relevant IP Income.
Updated the calculation of L80 on the R&D Supplementary pages following new rules for the PAYE cap, if the RDEC merged scheme is used.
Added a new validation message if box L135 on the R&D Supplementary pages exceeds the amount in box L130.
Included more validations relating to losses brought forward being utilised.
Admin users can now reassign their Hub Admin role to a different user to allow them to hand over their elevated rights. Go to Admin Centre > Users > Edit User (select ‘admin’ user) and select ‘Assign Hub Administrator Role to Another User’.
General Maintenance
Report Manager and Data Mining
The 'Date last saved' column is now working as expected in all situations within the Tax Work Status report.
The data mining condition ‘Latest Accounts Status’ is now working as expected for all data mines.
When accounting periods are created out of sequence, the Client Report and Data Mine correctly output the latest period values.
Dates calculation logic for job recurrence has been improved.
Updates made within ‘Edit Profile’ dialog (accessed from Notifications Centre) now save as expected.
Creating a new client when advanced client restrictions exist (against the user), will now be immediately reflected on the client list.
Email automations (for Request for Records) are no longer set on Contacts when Bulk applied.
The automation widget in the Communications Summary will no longer show Contacts within the email automation counts.
Multiple charge out rates can be recorded on different activity types, for more accurate presentation of time log values. A charge out rate can be recorded as a practice-wide rate, set against an activity (Go to Admin Centre > Applications > Customise Practice Manager > Activity Types) or a user-specific rate for any activity (Go to Admin Centre > Users > Edit User > Working House and Rate).
Updated read-only access when licence has expired.
Corrected a spelling mistake on the declaration screen.
Updated VAT7 form to show the correct address.
Updated Form 64-8 to the latest version.
Removed form VAT484 ‘Change of Registered Details’ as this is no longer permitted to be submitted by post.
An information dialog will be displayed on accessing Accounts Production or Admin Centre the first time the product is accessed after performing an update, if the Accounts Production data is still being updated.
Electronic submissions to Companies House which have received an internal failure response will be processed correctly to display the status of the submission, so they can be tracked easily.
The re-sizing of the Posting and Edit Notes windows will now be retained when returning to these screens.
Limited companies and LLPs include a new ‘Contingent Assets’ at client and admin level, to allow users to make appropriate disclosures in relation to Contingent Assets.
A new ‘Qualifying third-party and Pension scheme Indemnity Provision' note has been included within the Director/Member’s report for accounting standards 102 1A and 105.
Additional Accounting Policy 2 and Accounting Policy 3 have been included within the Admin Centre to allow for admin level defaults to be set.
Group accounts:
Admin Centre has been updated to allow for customisation of the default wording for groups, for the group specific notes and disclosures.
Report of the Directors
Statement of Director’s Responsibilities
Statement of Disclosures of information to Auditors
Auditor’s report
Unqualified opinion
Qualified opinion
Basis for Opinion
Conclusions relating to Going Concern
Matters on which we are required to report by exception
Responsibilities of directors
Company Profit and Loss
Accounting Policies
Basis of Consolidation
Business Combinations
Reduced Disclosure Exemptions
Going Concern Disclosures
Intangible Fixed Assets and Amortisations – Goodwill
Business Combinations
Investments – Audit Exempt Guarantee
Financial Instruments
Capital Commitments
A Check & Finish warning has been included where the country of incorporation is not populated when preparing accounts under FRS 105.
Changes made to the chart of accounts for multiple trades will be saved and retained independently to each trade.
Resolved an issue where inconsistent casing had been applied to a number of row descriptions in the detailed balance sheet for FRS 105 and FRS 102 1A.
Resolved an issue where the amounts allocated to a director duplicated and resulted in incorrect balance for other creditors, when the director is the same person as the company secretary when preparing group financial statements.
The cost section in the tangible fixed asset note will display the total correctly when the asset has been disposed of and the total for the year is nil.
The single rule-off above the ‘shareholders/members' funds’ disclosure will always be displayed in the balance sheet when generating full or registrar financial statements for new accounting periods.
The Statement of Cash Flows will be omitted from the registrar financial statements when included voluntarily for FRS 102 1A and FRS 102 small.
Note numbers will now display sequenced correctly where the fixed asset amounts net to zero and the fixed asset note is not displayed.
An apostrophe has been removed from the Small Companies Regime reference on the balance sheet declaration.
A new Check & Finish message will be displayed if the accounting standard is set to FRS 105 for any of the companies included in the consolidation for group accounts.
Resolved an issue where the company value for secured creditors did not display without group value when generating consolidated financial statements.
The content page will correctly include the reference to Statement of Cash Flows, where the company cash flow is included optionally but not in the group when preparing consolidated full financial statements.
Resolved an issue where a Check & Finish message relating to brought forward amounts was incorrectly determining an error, as it did not take posting to account code 3950 into consideration.
For accounting standard FRS 102, the Provisions for Liabilities Edit Note screen will now correctly calculate the ‘Balance at [end date]’ value when the user edited one of the data entry fields.
The following online filling errors have been resolved and will now allow the user to file successfully with HMRC and Companies House:
ChRIS 3315 Accounts Generic dimension member (bus:Director1) has no associated name or description item
9999 – 2 inconsistent duplicate facts are present for ‘OtherTaxationSocialSecurityPayable’
9999 – the matching wildcard is strict, but no declaration can be found for element 'frs-core:DetailsOfSharesHeldInAssociatesGroupingDimension.domain'
The Firm-wide Risk Assessment has been updated to include an option to record the risk of proliferation financing to the firm.
Staff training records within Internal Control has been renamed to Staff and Agent Training to allow keeping records of the training undertaken by the firm's agents as well as its staff, as required by The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017.
Users are now able to generate and e-file the EM01 (change of registered email address) form to notify Companies House of the company’s change of registered email address.
An option has been added to re-poll for statutes from Companies House for online filing submissions which have not yet been accepted.
Resolved an issue where the presenter details on form SH01 and CS01 weren’t populated if shares had been allocated within the period.
Clicking on ‘obtain incorporation documents’ will now correctly open up Certification of Incorporation for LLPs.
An option has been added to re-poll for statutes from Companies House for online filing submissions which have not yet been accepted.
Resolved an occasional issue where officers and Person with Specific Control (PSC) relationships were duplicated in the client record after performing a sync from Companies House.
Please note:
This version is available on request only via support@taxcalc.com for customers with at least 1 machine on Windows 7.
For Customers who have not already updated to Version 15, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Please check our System Requirements before installing this version of TaxCalc.
Tax Return Production
Accounts Production
The Tax Payment/Repayment Summary for individuals will now correctly show the payment on account due on 31 July 2025.
Finance costs will now correctly appear on the WhatIf Planner projected 2024/25 calculation.
The R&D tax credit payable following a loss surrender will now be correctly apportioned according to the account period falling before and after 1 April 2023.
Resolved an issue where certain account codes were omitted from the import when importing a trial balance via .csv file.
Please note:
For Customers who have not already updated to Version 15, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
To install this version of TaxCalc on Microsoft Windows machines it must be on Windows 8.1 or above. See our full list of System Requirements for more information on all supported operating systems with TaxCalc.
Tax Return Production
Accounts Production
The Tax Payment/Repayment Summary for individuals will now correctly show the payment on account due on 31 July 2025.
Finance costs will now correctly appear on the WhatIf Planner projected 2024/25 calculation.
The R&D tax credit payable following a loss surrender will now be correctly apportioned according to the account period falling before and after 1 April 2023.
Resolved an issue where certain account codes were omitted from the import when importing a trial balance via .csv file.
Please note:
This version is available on request only via support@taxcalc.com for customers with at least 1 machine on Windows 7.
For Customers who have not already updated to Version 15, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Please check our System Requirements before installing this version of TaxCalc.
Product summary
General
Addressed an Issue where Windows 7 users were unable to log into the application due to compatibility issues with the latest Postgres database drivers.
Please note:
For Customers who have not already updated to Version 15, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
To install this version of TaxCalc on Microsoft Windows machines it must be on Windows 8.1 or above. See our full list of System Requirements for more information on all supported operating systems with TaxCalc.
Product summary
General
Accounts Production
AML Centre
Tax Return Production
Communications Centre
Corrected an issue preventing access to the application on start up for some Mac users, when externally saved tax return files have been moved or deleted.
Strategic and Director’s reports will now correctly include the signature section when the option to include Strategic/Director’s report within the full financial statements is ticked.
The financial statements will now correctly exclude the Partner’s Capital Accounts note, when the note has been turned off in Edit Notes.
Rounding adjustments will no longer be made to the dividends amount where there would be a rounding discrepancy in the profit and loss brought forward and carried forward amounts.
Customisations of the Client Risk Assessment in AML Centre will now be saved correctly.
Corporation Tax computations will now show the correct payment due date for Corporation Tax returns with periods ending 31 December.
Corrected an issue in Communications Centre that prevented some Mac users sending emails using Microsoft.
Please note:
For Customers who have not already updated to Version 15, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
To install this version of TaxCalc on Microsoft Windows machines it must be on Windows 8.1 or above. See our full list of System Requirements for more information on all supported operating systems with TaxCalc.
Product summary
General
Practice Manager
Accounts Production
The data mining updater (background process) no longer requires passwords for password protected tax returns and will run silently. Any password protected tax return will not be included within data mining.
Corrected an application crash on start up, when parsing historic tax returns where referenced accounting periods have since been deleted
Prevented data mining from presenting clients with encrypted corporation tax returns.
Report manager: Fixed shipped Self Assessment status reports that were not showing clients (new installation issue only).
Check & Finish will correctly display the errors related to financial statements when clicking on the Check & Finish button in the full or registrar financial statements.
Please note:
For Customers who have not already updated to Version 15, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Due to changes within this release to support data mining and reporting, customers with large databases may experience a slight delay in being able to use the new data items immediately after upgrade.
To install this version of TaxCalc on Microsoft Windows machines it must be on Windows 8.1 or above. See our full list of System Requirements for more information on all supported operating systems with TaxCalc.
Product summary
Tax Return Production
Accounts Production
Practice Manager
Practice Manager Plus/WorkFlow
Companies House Forms
Company Incorporator
AML Centre
Communications Centre
eSign Centre
VAT Filer
SA100 Individual Tax Return
WhatIf Planner is now available for 2024/25 tax year:
Updated the data entry box relating to ‘redundancy’, to clarify only taxable amounts should be entered.
Now includes data entry for transition profits.
Fixed an issue in the calculation of Student loan repayments where net pension contributions have been made.
Updated calculations to include potential restrictions for finance costs.
The dividend database for 2023/24 is now available.
Updated the wording in the CGT section to advise that losses brought forward from the previous year will trigger a tick on the CGT page screen (CGT pages will not be included in these circumstances).
Fixed an issue relating to balancing allowances being incorrectly calculated for self-employed businesses when the business hasn’t ceased trading.
Updated functionality so that furnished holiday let losses brought forward are automatically offset against profits arising.
Added the ability to delete entries on the HS302 and HS304 wizards.
Added Check & Finish validation messages relating to the receipt and transfer of marriage allowance.
Provided up-to-date information regarding boxes 34, 35 and 36 on the foreign pages (no longer required to be completed).
Updated joint import functionality to ensure that only 50% of a dividend value is imported from the original tax return, where relevant.
Ensured that box 21 (Tax deducted at source) is available for use when the only rental income relates to furnished holiday lettings.
Created a new validation to check whether an adjustment in box 51 is required when clogged losses have been utilised against profits.
Locked the electric mileage range box in company car wizard when Co2 emissions are above 50.
Updated Double Taxation Agreement data to include Kosovo.
Minor text change relating to unpaid director and office holders.
Updated SA110 notes following an update from HMRC.
Updated calculation of UK relevant earnings for pension contributions to include some employment lump sums.
Updated the calculation for Class 2 National Insurance to take into consideration transition profits.
Updated HS300 calculation for box 15a for transition profits following updates from HMRC.
Provided information messaging relating to the increase in the VAT registration threshold.
Fixed an incorrect Check & Finish warning message being shown when short self employment pages in forms mode were used.
Updated auto-population logic for FSE67 (basis period end date) to ensure it isn’t populated when accounting period is standard.
Provided more information to assist partners in a partnership with multiple account periods.
Fixed an issue where the Class 4 NIC exempt box wasn’t always being ticked when appropriate.
Individual Summaries
Tax Payment/Repayment Summary:
Updated summary so that payments due on 31 July and not paid, are shown as ‘outstanding’ when 31 July has passed.
Fixed a display issue relating to amounts to be coded out when only partial payments have been made on account.
Fixed a formatting issue when only the payment due on 31 January hasn’t been paid.
Memorandum Report now includes CGT losses carried forward and a transition profits summary.
Employment ‘Total’ Summary has been improved so that it now shows the details of each employment and how the total has been calculated.
Partnership Summary had an issue resolved relating to the calculation of total tax deducted.
The Data Entered Summary had a wording issue relating to capital gains tax, box 35.
Form R40
Updated the Married Couples Allowance section so that the full name is entered on the form.
Updated the wording for box 10.5.
CT600 Corporation Tax Return
Corporation Tax Taxonomy Update for 2024.
New data entry for Audio-Visual and Video Games Expenditure Credits (AVEC / VGEC).
New data entry for Enhanced Research and Development Intensive Scheme (ERIS).
Added data entry for a tax profit adjustment for RDEC, AVEC and VGEC.
Updated functionality and validation messages when RDEC pages are removed to reduce possibility of filing errors.
Updated calculation for enhanced expenditure in box 660 when a loss to surrender is claimed for pre and post April 2023 rates.
Updated rounding in calculation for RDEC notional tax box L55 to ensure successful filing.
Updated population and calculation of RDEC Step 2 calculation to ensure it’s only completed when relevant.
Updated Check & Finish message relating to boxes 655 and 657 (large company claiming RDEC and additional information).
Updated payment due date on corporation tax computation for February period ends.
Removed Check & Finish message relating to theatre tax rates as this has been superseded by more appropriate messaging.
Fixed a rounding issue which could sometimes occur when the corporation tax period spans two financial years where marginal relief is relevant.
Updated help link for box 625.
Updated form CT600 Version 3 (2024) following a minor text change made by HMRC.
Fixed marginal relief calculations on tax computation and in the wizard summary, where they were not displaying after locking and closing the return.
Fixed an issue with marginal relief not updating when the number of associated companies is changed in box 326, if boxes 327 and 328 were previously populated.
Updated Check & Finish messages relating to freeport and investment zones following extension of relief.
Updated Check & Finish messaging to check for Check & Finish in Accounts Production when group accounts have been attached to the corporation tax return.
SA800 Partnership Tax Return
Improved the partnership details screen:
Ability to create partnership pages for all partners at once.
Ability to search.
Ability to filter.
Fixed an issue relating to balancing allowances being incorrectly calculated for partnership businesses when business hasn’t ceased trading.
Fixed an issue where an entry in box 1.27 (non-residential costs) was also populating box 1.40 (residential costs).
Updated the footer on form SA801.
General Maintenance
Fixed a number of navigation issues when switching between Forms and SimpleStep modes.
Limited companies and LLPs include a new checkbox at admin level to allow for the customisation of the default settings for the debtors and creditors note relating to whether or not to display the breakdown of debtors and creditors.
Limited companies and LLPs have been updated to apply the FRS 2024 taxonomy.
Companies House have updated the format of the presenter ID, so we have updated the entry of the presenter ID to allow for alphanumeric values rather than just digits.
General Maintenance
Resolved an issue where in some scenarios, synchronizing Companies House data to update local data via the Companies House sync wizard resulted in officers being duplicated multiple times.
An option has been added to re-poll for statutes from Companies House for online filing submissions which have not yet been accepted.
Statement of Cash Flows will be omitted from registrar financial statements for companies and LLPs applying FRS102 1A with full disclosures.
The Check & Finish message relating to the Balance Sheet not balancing when the user has selected Income and Expenditure account for sole trader/partnership has been removed, as the messaging is not relevant.
The Intangible asset note will display net book value rows if the value at the end of the year is nil, where previously the note omitted the net book value section.
The Intangible asset note will be included in the financial statements and populated to display dashes, where previously in specific scenarios the note was omitted if the asset had been fully disposed during the year.
Full financial statements for FRS 102 1A will no longer omit the Strategic report, where previously it was omitted if the MLA102 licence had expired.
Statement of cash flows is no longer included within the registrar financial statements for accounts prepared under FRS 102 1A with full disclosures.
Group Accounts
Lead schedules have been added for groups when in group mode. The group version of the lead schedules will include amounts for both the company and group.
Jobs with the automation items 'the work item is sent for signing' or ‘the work item is signed’ will be triggered when group Full and/or Registrar Financial Statements or the individual parent company Full and/or Registrar Financial Statements are attached to an eSign envelope and the envelope has been successfully sent for signing or signed.
Group Accounts General Maintenance
Adding a trial for group accounts will now allow the Accounts Production users to continue using the full licence.
Resolved an issue where the group trial balance did not pick up data from indirect subsidiaries that were included in the consolidation (a subsidiary that is directly owned by another subsidiary of the parent rather than being directly owned by the parent).
The Company profit and loss note in the group mode will now display the company’s profit/loss for current and comparative year, where previously the “[FRS102_Profit_For_Period][ComparativeYear_ProfitForPeriod_Info]” token displayed consolidated profit/loss.
Group financial statements will no longer display blank columns/line items when there are no values to display, where previously they were displayed with a nil value after being eliminated on consolidation.
Group posting will now be enabled for previous accounting period, where previously in specific scenarios, group posting was locked out if the option to prepare group accounts was selected before unlocking the accounting period.
The following online filling errors have been resolved and will no longer stop filing to HMRC:
9999 - the value of attribute width on element ‘col’ is not valid with respect to its type ‘MultiLength’
9999 - cvc:datatype:1,2,3 is not a valid value of union type ‘MultiLength’
Data Mining:
Data mining has been enhanced to include Annual Accounts calculations, allowing for filtering based on both ‘Latest’ and ‘All’ periods.
Additional CT calculations have been added to data mining, allowing for filtering based on both ‘Latest’ and ‘All’ periods.
Filter values have been updated for UYE and Date conditions, to allow mining on values that are: Empty, Not empty and Not equal to.
Report Manager:
Client reports include options for Annual Accounts and tax calculations columns. In addition a period filter has been provided to allow results to be targeted at specific periods.
Work Status Reports include improvements to the period filter to allow results to be targeted at specific periods.
Other:
Multi-office functionality is now available to all users. Options include setting an office against a client record and using office-specific credentials for submissions.
Multi-dashboard functionality is now available to all users. Options include creating multiple dashboards and setting a dashboard as private or public.
The Client Summary page has been updated to show current relationships only (no longer includes historical/ceased relationships).
The VAT threshold has been increased to 90k in 'Client Above VAT Threshold' dashboard widget and reports.
General Maintenance
Password protection has been added to the ‘Open work’ option from ‘Jobs/tasks assigned to me’ widgets.
Work Manager & Active Work: Activity type filter now includes only jobs/tasks related activities.
Create services report for specific service now generated correctly in all situations.
MTD VAT jobs and tasks will create next period automatically on recurrence, regardless of "Enrolled for MTD" selection on Client Record.
Practice Manager Plus has been rebranded to be named WorkFlow across the system.
Admin Centre > Customise WorkFlow has been streamlined to include WorkFlow related settings only. Note: You can still access all Practice Manager settings from "Customise Practice Manager" page as before.
The following Companies House forms have been updated as a result of increases to Companies House fees, taking affect from 1 May 2024. In addition to the fees increase, the new forms contain updated guidance and the signature section being replaced with authorisation.
NM01 - Change a company name
NM02 - Give notice of a conditional change of name
NM03 - Notice confirming satisfaction of the conditional resolution for change of name
NM04 - Notice of change of name by means provided for in the articles
CS01 - Confirmation Statement
IN01 (application to register a company) and LLIN01 (application for the incorporation of a Limited Liability Partnership (LLP) forms have been updated as a result of increases to Companies House fees, taking affect from 1 May 2024.
General Maintenance
The Director’s service address section has been updated to state ‘Same as registered office’ when the service address has been marked as ‘same as registered office address’.
Resolved a formatting issues so the month and year of birth is printed correctly when printing the incorporation form.
A new option has been added to bring forward details from the previous Identification and Risk Assessment when creating a new stage for Identification or Risk Assessment for users to review and update as required, rather than creating the stage from scratch.
The risk assessment report has been updated to include answers to the questions in the risk profile section of the risk assessment.
An option to comment on reasons for revising the risk on an overall risk assessment has been included for audit trail purposes.
Client due diligence: The risk rating for the transaction question 4 ' ‘If yes, are those transactions consistent with your knowledge of the clients, the client’s business and risk profile?’ has now been updated in accordance with the risk rating guidance, where previously it would result in a lower risk rating when answered as “Yes”.
It is now possible to bulk cancel messages in the pending queue within Message Activity.
General Maintenance
Mail merge tokens for CT figure and date payable no longer show 'Not available' when a 64-8 form has been requested.
General Maintenance
When changing the Company Name within Admin Centre > Customise eSign Centre > Envelope Credentials, subsequent envelopes sent will reflect the change in all situations.
It is now possible to add ad-hoc contact relationships as a recipient via 'Add/Manage Relationships'.
HMRC Form 64-8 (version 03/22) is available within Manage Documents > Add TaxCalc Documents.
A Check & Finish validation is now displayed if a negative amount for input or output VAT is entered to avoid filing by mistake.
The ability to print the Payment and Liabilities in VAT account has now been included.
Please note:
For Customers who have not already updated to Version 14, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Accounts Production
Company Incorporator
Practice Manager
Communications Centre
Tax Return Production
Accounts Production
Accounts Production – Group Accounts add-on
The Group Accounts add-on allows you to prepare group accounts for limited companies in accordance with FRS 102 or FRS 102 1A.
The following functionality will be available for group accounts:
Seamless switching between the company and group.
Group structure management to set up the group structure, select the subsidiaries to be consolidated and see any warnings for any of the group members.
Group trial balance, including the group adjustments, parent and subsidiary values.
Group reports containing all the required group and company disclosures, with the following additional group specific disclosures:
Company Profit & Loss Account note on the balance sheet.
Accounting policies – Basis of Consolidation and Business Combinations.
Business Combinations note.
Non-controlling interests note.
Additional accounts have been added in the chart of accounts:
Profit and Loss – Profit/loss attributable to non-controlling interest (account 3950).
Capital and reserves – Acquisition and disposal of shares in subsidiary from/to non-controlling interest (accounts 8070/8071).
Non-controlling interest – (accounts 8100/8181).
Advanced drill down across the nominal ledger and financial statements to drill down from the figures to the originating entry from whichever group entry the postings originate from.
General Maintenance
Resolved an issue where, when the accounts were abridged in the previous year/period, the gross profit comparative figure displayed in the current year/period incorrectly and included other operating income.
User-entered text in the provision for liabilities note will now be saved correctly.
Resolved a issue where in a specific scenario the officers couldn’t be refreshed after re-appointment.
The director signing/approving the financial statements drop down list in Edit Notes will now display all the applicable directors, where previously in specific scenarios they were not all being displayed.
The directors signing the financial statements selection will now save correctly in Edit Notes, where previously this was not being saved in specific scenarios.
The trial balance will now show the correct totals and profit and loss value on the multiple year trial balance report, where previously the names of people option was set differently across the years selected to be displayed on the report.
The current asset investment note has been updated to display a double underline when there is only one line item to display.
The ‘Next step’ button in Edit notes has been relocated to the right of the existing ‘Previous step’ button.
The following online filling errors have been resolved and will no longer stop the filing to HMRC:
9999 - fatal:cvc-complex-type: the content of element 'ui' is not complete. One of '{ http://www.w3.org/1999/xhtml''}' is expected.
9999 - fatal:cvc-complex-type: the content of element 'ui' is not complete, when secured creditors note is included without data entries.
Company Incorporator
Section A4 of the IN01 (application to register a company) has been updated to display the appropriate company type on the printed copy of the form.
Practice Manager
When setting the Work Status for 2024 Tax Returns, the default will appear for all clients.
Communications Centre
Added an option within the Microsoft Email authorisation journey to use the default browser instead of the TaxCalc browser. In some cases, users were unable to complete the authorisation within the TaxCalc browser itself.
Fixed an issue relating to mailbox signatures that include images. When using the Microsoft Email mailbox type, images within the signature itself were not appearing in the sent emails.
Tax Return Production
SA100 Individual Tax Returns
Enhanced the user journey for self-employed businesses that have multiple account periods falling in the 2023/24 tax year.
Further enhanced the messaging and validations for Individual Tax Returns for self employment and partnership income, where basis period transition rules apply.
Fixed an issue relating to the calculation of tax for a non-resident individual with transition profits from self employment or partnership Income.
Updated the SA302 for Individual Tax Returns to show the correct amount for ‘income tax charge’ on gift aid payments (overall calculation was correct).
Updated the 2024 HS325 Lump Sums Worksheet.
Updated the wording on dividend screens to remove reference to previous share splits.
Fixed a rare issue where newly created clients were not shown in the joint import client picker in Individual Tax Returns.
SA800 Partnership Tax Returns
Included HMRC Specials & Exclusions for 2024 (update to messaging).
Updated the Partnership Business Summary to display Structure and Buildings Allowance claims as deductible amounts (now shown in brackets).
SA900 Trust Tax Returns
Included HMRC Specials & Exclusions for 2023/24 Tax Year for Trust Tax Returns.
Updated the automated value for capital gains tax annual exemption for 2023/24 Trust Tax Returns.
Updated the trade and partnership calculations for 2023/24 Trust Tax Returns where transition losses have arisen.
CT600 Corporation Tax Returns
Ensured that the correct rate of tax is being applied to Corporation Tax Returns for company type '9' – Real Estate Investment Trust C.
Updated the logic for boxes 326, 327 and 328, to ensure that these boxes can be completed when necessary and validations are only shown where relevant.
Updated the capital allowance calculations for super deduction disposals, to ensure the full super deduction claims that were proportionately reduced are correctly identified.
Users may now choose whether to attach group or company accounts to a CT600.
Please note:
For Customers who have not already updated to Version 14, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product Summary
Communications Centre
Companies House Forms
Accounts Production
Communications Centre
ACTION REQUIRED on the changes below, if you use Microsoft email accounts. Read our Knowledge Base Article for more information.
Added a new means of authorising and sending emails from Communications Centre for any Microsoft email accounts (Office 365, Outlook, Hotmail, Live and more).
Please note: This will replace use of the existing ‘Office 365’ and ‘Outlook’ email provider types and has been implemented as a result of Microsoft’s planned removal (from 31st March 2024) of support for the mechanisms TaxCalc uses for these mailbox types.
Users will be able to change the email provider type to the new Microsoft Email option instead and authorise it to use any Microsoft mailboxes, should they need to.
Companies House Forms
Confirmation Statement
Check & Finish will no longer display Invalid Authentication Code warning when creating a Confirmation Statement dated on or after 5 March.
Paper copy of the CS01 form will now populate section B1 (share capital) and D1 (Shareholder information for a non-traded company) where the changes have been indicated to be included in the form.
The following filling errors have been resolved for statements dated prior to 5 March 2024 and will no longer stop the user filing successfully with Companies House:
· 9999:Invalid Element accept Lawful Purpose Statement
Accounts Production
General maintenance
Importing a trial balance from bookkeeping packages will retain the mapping on a subsequent import.
Please note:
For Customers who have not already updated to Version 14, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product Summary
Accounts Production
General Maintenance
Notes to the financial statements has been updated to display without a subtotal when there is only one item to display.
The goodwill accounting policy for limited by guarantee companies has been updated to include the token for the profit and loss account/income statement, so the reference will be correct when applying Companies Act or FRS headers.
Statement of cash flows: Cash and cash equivalents at beginning of the year/period have been assigned an iXBRL tag.
Limited companies and LLPs with accounting periods starting on or after 1 April 2015 and ending before 31 March 2022 have been updated to apply FRC 2023 taxonomy, so these periods can be submitted electronically. This includes the submission of revised accounts.
In the statement of director’s responsibilities for FRS 102 1a accounts, the electronic publication note has been included in Admin Centre and can be edited without a FRS 102 MLA licence.
Auditor’s remuneration note: The non-audit services section heading has been replaced with ‘Other Services’ for any new accounting periods created.
The default status of the debtors and creditors notes have been updated to avoid over-disclosure for limited companies and LLPs applying FRS 102 1A for any new periods created.
The following online filling errors have been resolved and will no longer stop the user filing successfully with HMRC:
Chris:3314 Inconsistent duplicate fact values for ‘UnwindingDiscountOnPovisionsExpense’
Chris:3314 Inconsistent duplicate fact values for ‘InterestExpenseOnPrefrenceSharesClassifiedAsDebt’
CVC-complex-type.2.4.a: Invalid content was found starting with element '{"http://xbrl.frc.org.uk/cd/2019-01-01/business":NameProductionSoftware}'. One of '{"http://www.xbrl.org/2003/instance":item, "http://www.xbrl.org/2003/instance":tuple, "http://www.xbrl.org/2003/instance":context, "http://www.xbrl.org/2003/instance":unit, "http://www.xbrl.org/2003/linkbase":footnoteLink}' is expected.
LLPs
LLPs, members report: The qualifying third party and pension scheme indemnity provision note will now be included in the financial statements when the note is selected to be included.
The exceptional items note will no longer be brought forward into the next accounting period when bringing forward account settings and notes.
The provision for liabilities note will now be displayed correctly under the additional notes filter for LLPs applying full FRS102 options.
Default notes within the Admin Centre now include the following notes to match with the Edit Notes order at client level:
Additional notes to the report of the members
Controlling parties
Ultimate parent company
Ultimate controlling party
Companies House Forms
General Maintenance
Resolved an issue where ceased shareholder(s) were displayed when generating a subsequent Confirmation Statement since the cessation date.
Tax Return Production
SA100 & R40 – Individual Tax Return
Incorporation of the 2023/24 R40, SA100 Tax Returns and associated supplementary, including updates to calculations, summaries, wizards, HMRC helpsheets and worksheets.
Updated SimpleStep(R) for the 2024 tax year.
Updated the Basis Period Calculator following changes to the legislation regarding basis period reform.
Added a new Transition Profits wizard to assist with the new rules regarding basis period reform.
Improvements made to the functionality and layout of the company car wizard.
Updated the validation relating to Subscriptions for shares under the Seed Enterprise Investment Scheme to recognise that the limit is £200,000.
Updated the Asset Details screen for Capital Assets to ensure that the boxes relating to Real Time Transaction Tax paid and Tax Paid on a UK Property Disposal are always visible.
Updated the Annual Pension Allowance wizard following changes to the annual limits.
Included a new information message regarding the removal of the lifetime allowance charge for 2023/24.
Updated the self-employment short pages of the SA100 Tax Return to allow for disallowable expenses entries.
Updated the self-employment full and short pages of the SA100 Tax Return to allow for private use percentage to be entered.
Minor formatting changes made to the SA302 Tax Summary.
Minor formatting changes made to the Data Entered Summary, Partnership Summary, TaxCalc Summary and Self-Employment Summary.
SA800 – Partnership Tax Return
Incorporation of the 2023/24 SA800 Tax Return and associated supplementary pages, including updates to summaries, wizards, HMRC helpsheets and worksheets.
Updated SimpleStep(R) for the 2024 tax year.
SA900 – Trust Tax Return
Incorporation of the 2023/24 SA900 Tax Return and associated supplementary pages, including updates to summaries, wizards, HMRC helpsheets and worksheets.
CT600 – Corporation Tax Return
Incorporation of the updated CT600, Version 3 (2024) form.
Updated SimpleStep for inclusion of the new boxes on the CT600.
Updated R&D SME relief section to account for R&D intensive companies.
Updated the Corporation Tax computation where an R&D SME relief rate of 14.5% is being claimed.
Updated creative tax credit rates for orchestra, theatre and museum and galleries relief in line with legislation changes.
Included a new information message for creative tax credit claims following guidance from HMRC that an additional information requirement applies from 1 April 2024.
Updated the notional tax calculation for RDEC claims to take into account the change in Corporation Tax rate of 25% from 1 April 2023.
Updated the locking/unlocking mechanism for associated company boxes (boxes 326, 327 and 328) where the account period ends on or after 1 April 2024.
Capital Allowances
Updated capital allowances to cater for Investment Zone claims for Corporation Tax and Self Assessment Tax Returns.
Updated mapping for full expensing claims and qualifying expenditure on super deduction/special rate first year allowances, in line with new form CT600 and guidance.
Updated calculations for super deduction balancing charges where a full super deduction claim is not equal to 130% (relevant for account periods straddling 31 March 2023).
Updated the validations relating to electric vehicle charge points following the extension of the allowance to 31 March 2025.
General update to the layout and formatting of the capital allowances section of the Corporation Tax Computation.
Fixed an issue in the Capital Allowances Manual Grid relating to special rate pool and Freeport enhanced capital allowances.
Updated the date on the validation message for SA100 and SA800 Tax Returns relating to the Structures and Buildings Allowance.
Practice Management
For a limited company (limited by guarantee and limited by shares), additional relationship types have been added in the 'relationships tab' to allow for the following relationships to be added:
Is a subsidiary of
Is an associate of
Is a joint venture of
An additional 'Group Structure' sub-item has been created for the 'Relationships' tab to view the 'Group Structure', which allows the user to see the group structure and the location of the selected company in the group structure. An option has been created to filter the view to:
Show all relationships
Show current relationships only
Practice Manager Plus
Create work periods and set work statuses for tasks managed outside of TaxCalc, such as payroll.
Track your non-TaxCalc work items' statuses through jobs or via dashboard widgets, reports and data mine filters.
It is now possible to bulk create jobs for all activity types and services, including custom.
Client List
The most recent Tax SA statuses will now appear within the right-hand panel when a client is selected.
You can now add columns to the Client List for Non-TaxCalc work item status and latest period, to provide a quick view of all work.
General Maintenance
Within Report Manager, when adding custom fields as reporting columns, there is no longer duplication.
Within Data Mining when adding custom fields as data conditions, there is no longer duplication.
Completing jobs with the recurrence override will now reset task statuses to Planned.
Time
General Maintenance
You can now add Time Logs for contacts within the Time Module.
You can now filter on work types (Jobs & Tasks) within the WIP overview table.
eSign Centre
You can now upload multiple PDF documents to an envelope at the same time.
Please note:
For Customers who have not already updated to Version 14, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product Summary
Tax Return Production
Improved database connectivity and database error handling for standalone databases.
Practice Manager
You may now create a new email address, or mark an existing one, as a registered email address for limited companies and limited liability partnerships via the Contact Information page.
Company Incorporator
Economic Crime and Corporate Transparency (ECCT) Act
Updated the IN01 (Application to register a company) and LL IN01 (Application to register a Limited Liability Partnership) forms in line with changes that have arisen as a result of the ECCT Act, for incorporations on or after 4 March 2024. This includes:
New options to enter and submit the registered email address.
New lawful purpose statement (for the IN01 form only) on the form and submissions.
On successful incorporation, the registered email address will be created in Practice Manager.
For any incorporations created within TaxCalc, but not submitted before 4 March 2024, a prompt will be displayed to update to the new form as the old versions of IN01/LLIN01 will be rejected by Companies House from 4 March 2024.
Companies House Forms
Economic Crime and Corporate Transparency (ECCT) Act
Updated the CS01 (Confirmation Statement) and AD01 (Change of registered office address) forms for changes that have arisen as a result of the ECCT Act in the following ways:
AD01 (Change of registered office address) now contains a new section 3, to confirm that the address is an appropriate registered office address.
The first CS01 (Confirmation Statement) prepared after 4 March 2024 will require a registered email address. New options have been added to enter and submit the registered email address. A Check & Finish will warn where the registered email address is expected but not populated on the form. An additional statement will be included to confirm that the intended future activities of the company are lawful.
For any AD01/CS01 forms created within TaxCalc but not submitted before the 4 March 2024, a prompt will be displayed to adopt the new form, as the old versions of the AD01/CS01 will be rejected by Companies House from 5 March 2024.
Please note:
For Customers who have not already updated to Version 14, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
For Customers who have experienced issues with authorising HMRC tokens for Self-Assessment Pre-Population and fetching VAT periods, we would recommend deleting any existing tokens and re-authorising once this release has been installed.
Product summary
Tax Return Production
VAT Filer
Batch Filer
Accounts Production
Time
Practice Manager
Communications Centre
eSign Centre
Companies House Sync Wizard
Tax Return Production
Provided access to the Client Questionnaire for the year ending 5 April 2024.
Updated the Client Questionnaire to ensure that land and property foreign income is correctly displayed where relevant.
Included a new validation for SA100 Individual Tax Returns to support HMRC’s special case (51) relating to employment with payrolled benefits and student/postgraduate loan calculations.
Updated footers for all Tax Return forms to show that they are substitute forms, issued by TaxCalc.
Removed a validation for CT600 Corporation Tax Returns relating to non-trading losses on intangible fixed assets which is no longer relevant.
Fixed a filing issue relating to CT600 Corporation Tax Returns for property companies with disallowable charitable donations.
Fixed an issue relating to the authorisation of HMRC tokens for Self Assessment Pre-Population and fetching of VAT periods. If you have experienced issues in this regard, re-authorisation may be required once more following installation of this release.
VAT Filer
Updated VAT1 form to reflect the latest version supplied by HMRC.
Batch Filer
Fixed an issue where a dialog relating to ‘no PM Plus licence’ was being displayed in error.
Submitting Tax CT and Tax SA Returns in bulk using Batch Filer will trigger all set task automations within Jobs.
Accounts Production
Other updates within Accounts Production
The Xero and FreeAgent (Practice and Non-Practice) import process has been updated. Connecting to Xero and FreeAgent (Practice and Non-Practice) will now use the machine’s default internet browser to authenticate with Xero and FreeAgent credentials.
The Check & Finish screen within all TaxCalc modules will group the validations by severity of the error and thus assisting in identifying priorities.
Report terms in Admin Centre will be automatically applied to new accounting periods created for existing clients.
The staff cost notes table has been updated to include cost attributable to members with contracts of employment, to comply with Part 5, paragraph 11 of UKSI 2008/1911 (The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008).
Capital and Reserves fields within the subsidiaries note have been updated to allow entry of both positive and negative values.
A Check & Finish has been added if postings have been made to employer’s pension but the Pension Commitment note has not been included for companies applying FRS 102 (small).
A Check & Finish has been added if postings have been made to staff cost but the note has not been included for LLP accounts prepared under FRS 102 1A.
LLPs
Reconciliation of Members' Interests heading has been removed from the main body of the Reconciliation of Members Interests page to prevent the header being repeated twice.
Reconciliation of Members' Interests note has been updated to be included for LLPs applying FRS 102 (small) as a default.
The Statement of Cash Flow accounting policy referencing old accounting standard (FRS 1) has been removed as the note will be superseded by the Reduced Exemption Disclosures.
The audit information and FRC’s ethical standards note screen has been removed for LLPs applying FRS 102 (medium/large).
‘Required by law’ and additional filters have been updated to display additional disclosures available for FRS 102 1A with full disclosures.
The additional disclosures filter for FRS 102 1A within Admin Centre has been updated to include all notes available under that filter.
General maintenance
Resolved an issue where allocating posting(s) to directors via a Check & Finish hyperlink caused the application to crash.
Statement of cash flows: Foreign exchange gains/(losses) calculation for the cash and cash equivalent at end of year/period have been updated to display correctly.
References to '(Profit)/loss on disposal of tangible assets' will now vary correctly in the Profit reconciliation cash flow note.
The calculations for amounts introduced by directors and amounts withdrawn by directors have been updated when postings have not been allocated to directors.
Changes made to default text for notes via Admin Centre will now be applied to all new accounting periods without resetting the entry.
The content page for companies/LLPs applying FRS 102 will no longer duplicate Income Statement when the company status is dormant.
Companies/LLPs with dormant status have been updated to refer to ‘Dormant Profit and Loss Account’ instead of ‘Dormant Profit and Loss Account Statement’.
Resolved an issue where the Check & Finish was prompting the user to include Auditor’s Remuneration note for audited companies prepared under FRS 102 1A and 105.
Resolved an issue that resulted in delay in creating accounting periods in certain scenarios.
Resolved an issue where the registrar financial statements included Strategic and Director’s report when claiming small companies exemption under FRS 102 (small).
Resolved an issue where the Turnover note format for limited companies had been updated unintentionally for existing periods.
Pension commitment note selection within edit notes will now be retained for accounts prepared under FRS 102.
Finance Leases will now refer to hire purchase and finance leases.
Tax (expense)/credit on components of other comprehensive income have been updated to display (expense)/credit correctly.
The content of the Capital and Reserves and Profit/Loss columns within the subsidiaries note will no longer be brought forward into the next accounting period.
Resolved an issue where opening the political donations and expenditure note immediately after a reset caused a crash within the Member’s report.
The accountant’s report will now be included in the registrar financial statements when selected to be included in Registrar accounts.
The Profit and Loss accounts within lead schedules have been updated to display the Gain/Loss on derivative financial instruments references.
The director's responsibilities note will now retain user edits made for the director’s responsibilities and e-publication note for companies preparing accounts for FRS 102.
The following online filling errors have been resolved and will no longer stop the user filing successfully with HMRC:
· Chris:3312 Trading/non-trading (UK:BUS Entity Trading) is missing
· Chris:3312 Dormant/non-dormant indicator (UK:BUS Entity Dormant) is missing
· Chris:3312 Date of signing Director’s report (uk-direp:DatesigningDirectorsReport) is missing
· Chris:3312 Name of Director signing Directors Report (uk-direp:DirectorsSigningReport) is missing
· Chris:3315 Generic dimension member (bus:Director) has no associated name or description item
Admin Centre has been updated to include the Controlling Parties note for FRS 102 1A with additional disclosures.
Resolved an issue where the Basis of Preparation of Financial Statements note In Admin Centre (Non-resident landlords) contained an incorrect reference to FRS 102 1A for limited companies applying FRS 102.
Drill-down
The total and the sign of the breakdown values will now match with the selected value in the Balance Sheet.
The detailed breakdown window for a single accounting period in the drill-down feature in reports will now display the adjustments in one column rather than two.
When drilling into values that are exclusively calculated from a single entry in Notes > Edit Notes, the cursor will now be positioned correctly in the field corresponding to the selected value in reports.
Resolved an issue where the rule-off around the total in the ‘detailed breakdown’ window for a single accounting period was too big.
Tangible assets: Cost or valuation values for ‘at cost’ will contain the correct hyperlink to the edit notes screens when values include adjustments from those fields.
Resolved an issue so that values for turnover in profit and loss account, turnover by class of business, subsidiaries, directors advances and key management compensation notes within reports, are drillable.
Resolved an issue where drilling into values relating to highest paid director incorrectly opened the director’s remuneration note.
Time
Time tracker includes the ability to pause a time log. This allows a time log to be restarted at a later time and/or a new time log for another item of work to be started.
When attempting to complete a time log generated via the Time tracker, should you change your mind, select Keep Working.
Suspended users have been omitted from selection when creating/editing a new time log. A security permission is available within security roles in Admin Centre to make suspended users visible if required.
General Maintenance
The WIP Overview has been updated to sort by Client A-Z.
The Time Analysis screen has been updated to show time logs in date order.
When editing a time log from within a Timesheet, the log no longer moves to the following day when clicking on the right-hand edge of the log.
The Job/Task link to Time Log option now includes completed tasks without a PM+ Licence.
Practice Manager
The ‘Tasks and Jobs assigned to me’ widgets on the Dashboards have been updated to include:
an icon to indicate that a Note exists for that Job/Task, including a tooltip showing the last note.
an optional ‘Notes’ button that opens the client record on the Notes tab showing the notes for the activity type of the selected Job/Task.
When selecting a client from the client list in Practice Manager, the right-hand panel has been updated to only show the status for the last 2 tax years (all other tax years can be viewed via Set Work Status > Tax Return Production).
The Notifications counter will flash when a new notifications appears or where notifications exist on first opening the application.
General Maintenance
The Confirmation Statement statutory deadline calculation for year of incorporation has been updated to use ‘Confirmation Statement date + 14 days’ (rather than using the Incorporation date).
Within Report Manager, when using a client filer on a duplicated report, a new copy of the filter will be applied to the new report (rather than using the same filter as the original report).
When de-selecting ‘has a portfolio’ from a user, the confirmation dialog has been updated to include a link to see all clients affected (rather than listing them within the dialog itself).
Submitting Tax CT and Tax SA Returns in bulk using Batch Filer will now trigger all set task automation within Jobs.
Communications Centre
Tokens used in the subject line are now correctly populated when using the option to Bulk Send from Message Activity.
Attachments included within an email sent from Communications Centre will now appear when opened on an iPhone/iPad.
The Communications Summary has been updated to exclude Suspended users from the User emails widget.
eSign Centre
When creating a new envelope any Director/Secretary with a cessation date in the past will now not show on as available for signing. An option is available to display and add these via Add/Manage Relationships.
General Maintenance
eSign Centre will now allow users to be added to an envelope as a Watcher or Signer in all instances.
Companies House Sync Wizard
The officers filter has been updated to include a new ‘Recent officers only’ filter to display all officers present in the business at any point in the last accounting period (from the start of accounting period date to today’s date).
Please note:
For Customers who have not already updated to Version 14, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product Summary
Tax Return Production
Practice Manager Plus
Tax Return Production
Fixed an issue that was preventing some of our non-practice users from successfully using a token for self assessment pre-population.
Fixed a display issue relating to the Filing by Internet submission screen that would have affected some customers who save Tax Returns outside of the database (externally).
Practice Manager Plus
The assignee for a Job and Task within a Job is now being set as expected on recurrence.
Please note:
For Customers who have not already updated to Version 14, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product Summary
Tax Return Production
Tax Return Production
Fixed an issue where the 'last saved dates' for some Tax Return statuses were being updated incorrectly in Version 14.1.800
Please note:
For Customers who have not already updated to Version 14, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product Summary
Accounts Production
Companies House Forms
Tax Return Production
Practice Management
VAT Filer
eSign Centre
Communications Centre
Time
Batch Filer
AML centre
Accounts Production
Accounts Production – FRS 102 MLA extended to include Medium and Large Limited Liability Partnerships
The FRS 102 MLA add-on will allow for preparation of accounts in accordance with FRS 102 for Medium & Large individual Limited Liability Partnerships. The accounting standards screen will contain a new option to select FRS 102. For any FRS 102 1a client, there is also the option to include options to add any of the disclosures relating to FRS 102.
For FRS 102 LLPs :
A new cash flow statement report, with figures automatically calculated from the trial balance.
Enhancements to the existing FRS 102 1a notes and the following new notes:
Members report
Change of LLP name, Political donations and expenditure, Qualifying third party pension scheme indemnity, Research & development, Employees, Employee engagement statement, Branches outside the UK, Streamlined energy and carbon reporting, and an Additional note.
Accounting policies
Reduced disclosure exemptions, Exemption from preparing consolidated financial statements, Investment policy, Cash and cash equivalents, Interest receivable and similar income, Interest payable, Taxation, Provisions and contingencies, Members' policies – Members' participating interests/Members' capital/Profit allocations/Drawings/Post-retirement payments to members, Employee benefits.
Notes
Statement of compliance, Other operating income, Auditors' remuneration, Members' remuneration, Interest receivable and similar income, Investment – subsidiary disclosures, Loans, Secured creditors, Loans and other debts due to members, Ultimate parent company, Financial instruments.
It will be possible to add additional text across all of the notes and edit admin level default disclosures.
Further updates for LLPs for all accounting standards, include:
Additional account codes added to the chart of accounts
3362 – Political expenditure
3618 – Interest payable on other loans
3624 – Interest payable to group undertakings
3646 – Finance charge on provisions
3676 – Interest capitalised
3675 – Gains/losses on derivative financial instruments
Ability to create an Auditor’s address for an LLP.
Within Edit Notes for an LLP:
The ‘Loans and other debts to and from members’ screen has been renamed to ‘Amounts Due to and from Members in respect of Profits’ to represent the details contained within the note, this has been updated for all accounting standards.
The following notes have been re-positioned in the menu tree and will be displayed directly underneath the Reconciliation of Members interests note:
Members division of profit.
Amounts Due to and from Members in respect of Profits.
A token to prompt to enter the principal activity ‘(please complete sentence)’ has been removed from the Principal Activity note within the Members' report for Limited Liability Partnerships.
Other updates within Accounts Production
The Edit mode option within the financial statements has been further enhanced to drill-down from figures on the accounts that have been generated from note entries.
Additionally, entries will now:
display rounded amounts rather than unrounded.
display one column when there is only one accounting period.
The capability to drill-down from sub-totals and totals has been removed from the Full and Registrar Financial Statements.
Revised Financial Statements
A Check & Finish has been added if the reason the original accounts did not comply with the Companies Act 2006 text box in Revised Financial Statement note is that it has not been populated.
Default wording has been added for the Emphasis of Matter note as per ISA (UK) 560 Paragraph 16.
A Check & Finish warning has been added where accounts are marked as revised and audited, where a brief summary of emphasis of matter has not been included.
General Maintenance
For sole traders and partnerships, the default wording for the IFA version of the Accountant’s report has been updated as per the guidance.
FRC’s Ethical Standard – Provisions for Small Entities note: the disclosures will be included automatically for a small company applying FRS 102.
To prevent unintended consequences it will not be possible to change the company type without deleting the accounting period and associated relationships that have already been created.
Resolved an occasional issue where a page break was inserted after the General Information note in Notes to Financial Statements.
Investments – subsidiaries note: An option has been added to edit the defaults of the subsidiaries screens within Investments note via Admin Centre.
The Tables icon will always be displayed in the formatting ribbon within Edit Notes for all client types. A warning will be displayed directing the user to purchase/renew the FRS 102 MLA licence when clicking on the Tables icon if there is no licence.
Auditor’s report: Correct spacing has been inserted in the final paragraph of the Other Information note.
Accountant’s report: Default text will be displayed for the Accountant’s report at admin level for limited companies applying FRS 102 1A.
Accountant’s report: The financial statements will now include the customised text for the Accountant’s report for all accounting standards.
Sole trader/Partnerships: The IFA version of the Accountant’s report will now be displayed and rendered correctly when Income & Expenditure Account is selected as the report type.
Resolved an issue where the Profit & Loss Account and alternative reports were omitted from the primary statements token in the Auditor’s report.
Other comprehensive income: Resolved an issue where the values in the ‘Tax expense/credits on components on other comprehensive income' field were displaying inverted.
Resolved an error which affected limited companies and LLPs where the calculation of opening balances brought forward incorrectly handled postings to account code 3675 in the previous accounting period.
Tax on profit/surplus note: Tokens have been updated to correctly refer to profit/loss in limited by shares and surplus/deficit in limited by guarantee.
Resolved an issue where the Breakdown of tax charge had been removed from the Tax on profit note for existing periods.
Resolved an issue where allocating posting(s) to directors via a Check & Finish hyperlink caused the application to crash.
Admin Centre has been updated to include the additional text box within Auditor’s remuneration note for FRS 102 and FRS 102 1a with additional disclosures.
Resolved an issue where individual related party transaction details did not pull through to the report without populating the first narrative box (to provide details of related party transactions).
The financial statements will no longer crash when a related party transaction note is included without the opening text being populated.
Profit reconciliation section of the Tax on Profit note will now save the new rows and values added by the user.
Resolved an issue where the Share Capital note was incorrectly included within the Limited by Guarantee accounts as a result of changing the business type to Limited by guarantee (from Limited by shares).
Other Comprehensive Income note: Resolved an issue where the rows and fields did not match up with the preview mode and report output.
Resolved an issue where the default wording for the Research & Development accounting policy had been inadvertently updated for existing periods.
Tax on Surplus note for Limited by Guarantee: The default wording within Admin Centre has been updated.
Resolved an issue where the [List_Strategic_and_Directors_Report] token was repeating ‘the’ in the Statement of Director’s Responsibilities note when preparing FRS 105 accounts.
Resolved an issue where the Opinion note for limited by shares within the Auditor’s report incorrectly referenced surplus/(deficit) instead of profit/(loss).
Detailed balance sheet for FRS 105 now includes the rows for the fixed investment codes where postings exist.
Fixed asset investments note: iXBRL tagging has been applied to the net book value total column.
Cash Flow Statement: Resolved an issue where foreign exchange gains/(losses) on cash and cash equivalents were not displayed correctly.
Resolved an issue that affected limited companies and LLPs where postings to account code 3675 were shown in the wrong section of the Profit and Loss Lead Schedule.
Provisions for liabilities: Headings for additional provisions will now be displayed in the preview mode and report output.
Audit Information note will now include the content of Emphasis of Matter for FRS 102 1A in the registrar financial statements.
For LLPs
Updated incorrect references to member’s (which should be displayed as members') on the content page and Members' report.
Balance Sheet statement relating to s477 has been updated to refer to LLPs rather than LLP's.
The following online filling errors have been resolved and will now allow the user to file successfully with HMRC:
Error 0: cvc-complex-type.2.4.b: The content of element ‘table’ is not complete.
Error 0: cvc-complex-type.2.4.a: Invalid content was found starting with element 'frs-core:ShareBasedPaymentsFree-textComment'.
Error 3314: Inconsistent duplicate fact values – (dpl:Non-InterestBanksimilarCharges).
Error #9999 - fatal: Inconsistent duplicates facts are present for “CashCashEquivalentsCashFlowValue'.
Error 0: cvc-complex-type.2.4.b: The content of element ‘table’ is not complete.
CVC attribute 3: the value - cannot resolve ‘core:FurtherSpecificTypeProvisionContingentLiabilityTotalProvisionContingent of attribute 'dimension’ on element is not valid.
UndeclaredPrefix: cannot resolve ‘core:FurtherSpecificTypeProvisionContingentLiabilityTotalProvisionContingent as a QName: the prefix ‘core’ is not declared.
Companies House Forms
Resolved an issue where finish and save is performed after printing the form and would cause the application to crash.
Tax Return Production
General Maintenance
Updated the onscreen text for non-practice users on the filing by internet screen relating to test filing.
Updated the onscreen text for non-practice users to provide more information regarding paying tax to HMRC.
Fixed an issue relating to the watermark on Tax Returns where the page was not a standard A4 dimension.
Removed the usage of HMRC’s crown logo for fetched self-assessment data.
Fixed an issue relating to attaching secured PDFs to Tax Returns.
Corrected the time of filing for Tax Returns recorded against the tax work status. In some circumstances it was out by 1 hour.
CT600 Corporation Tax Returns
Updated the mapping from Accounts Production to include Charitable donations in the import.
Provided additional data entry for computation add backs for:
Charitable donations.
Purchased goodwill and intangible assets relief.
Added the ability to post a tax journal posting to Accounts Production for S455 Tax Charges.
Updated the Corporation Tax computational taxonomy to 2023 and updated the tagging for ceased trading date.
Updated losses to include losses brought forward being surrendered for creative tax credits.
General Maintenance
Updated SimpleStep wording for Exporter information to show the correct description for boxes 616 and 617.
Updated SimpleStep ‘Next Step’ functionality for supplementary pages (CT600I CT600J CT600K CT600M CT600N).
Updated Indexation allowance for November 2018 and excluding a duplicate entry for December 2017.
Improved the display and alignment of columns on the Corporation Tax computation relating to the R&D section.
Fixed an issue to ensure that the preview for patent box calculations is working as expected.
Updated the date on a Structures and buildings allowance validation message to reflect 29 October 2018.
Removed a validation relating to Structures and buildings allowance qualifying start date having to be in CT period.
Removed a duplicate validation relating to box 743 for First Year Allowances.
Fixed an issue relating to a balancing charge being created for assets that had a super-deduction and AIA claim in return with a period end after 31 March 2023, that were created before our last update.
Fixed a rounding issue relating to the general pool super deduction balancing charge.
Updated the Capital Allowances manual grid to take into account full expensing claims on new plant and machinery (from 1 April 2023).
SA100 Individual Tax Returns
NEW Summary to provide the breakdown of net relevant earnings for pension purposes.
NEW Summary showing calculation of Class 2 and Class 4 NIC.
Enhanced the ‘Payments on account' SimpleStep screen to allow multiple entries for 'Other outstanding liabilities'.
Updated the Land & Property Summaries to include a total column where the income is shared and the joint income calculator has been used.
Tax Payment/Repayment summary updated to include overpaid Capital Gains Tax, where appropriate.
Updated import mapping from Accounts Production to self-employment pages so that entertaining costs and late payment tax charges are now included as disallowable expenses.
Enhanced the ‘Collecting tax through PAYE’ SimpleStep screen to show tax liability after payments on account and Class 2 NIC (for the purposes of collecting tax through PAYE).
General Maintenance
Updated validation relating to ‘Tax relief is not available for pension contributions in excess of £3,600...’ to make it clearer when it applies.
Updated the Adjusted Profit Computation to allow for total disallowable expenses being a credit.
Included a new validation if tax from employment is a credit.
Updated the capital gains tax relief section to provide more information on entering share loss relief against income.
Included a new validation relating to the completion of employee’s NIC contributions where the Class 2 maximum charge applies.
Included a new validation relating to HMRC’s Special 50, applicable when no capital gain is arising but real time CGT has been paid.
Updated the self-employment SimpleStep page for other income to remove the reference to SEISS.
Updated the Furnished Holiday Let summary to ensure that any loss to carry forward is being shown.
Fixed an issue where the Structures and Buildings Allowance (SBA) was only calculating one days worth of allowance when the asset was brought forward from a previous year.
Updated the WLTP rate percentages for company cars with emissions under 50g/km.
Corrected the years in the description relating to underpaid tax on SA302 Summary.
Fixed an issue relating to the foreign tax deduction not being included in box FOR30 for the second and subsequent properties.
Ensured that the dividend database only reflects dividends when a company has been selected.
Updated the list of Professional Fees & Subscription bodies.
SA800 Partnership Tax Returns
Updates to importing from Accounts Production:
Added the ability to import income and expenses values into the Summary section of the Partnership Tax Return, meaning the user can now select summary or detailed.
A new import display dialog has been added that summarises where income and expenses from the accounts are going to be shown in the Partnership Tax Return.
Entertainment and late payment tax charges are now included as disallowable expenses.
General Maintenance
Included a new validation where the name of the signatory has not been entered in box 11.3.
Fixed an issue relating to extra trade pages being imported into an individual’s Self Assessment Tax Return.
Updated the footer on the extra trade pages in line with HMRC guidance.
SA900 Trust Tax Returns
Updated data entry screens for the R185 Estate Income Form to show Boxes 22 and 23 on Page 2.
Practice Manager
Performance improvements have been made to the client list within Practice Manager (and other locations where a list of clients is used/displayed) to produce the list in a more timely manner where a large number of clients exist.
A new Custom Field type ‘User’ has been provided. This will display a list of users within the practice that can be set against a field on a client's record, ideal for setting which member of staff is responsible for which role against each client.
View the user and custom user role association within the User record in Admin Centre under ‘Custom User Roles’.
View the client values that have been set within reporting and data mining.
Added the ability to bulk update custom fields (Type: Users, Dropdown and Tickbox) and the Assigned to Office field set against a client record for multiple clients at the same time.
Client restrictions have been updated to allow use of a dynamic filter (Data Mine), for example, by Office.
Dashboards have been updated to allow ‘Jobs and tasks assigned to me’ widgets to be filtered by Office.
A new filter has been added to Work Management for ‘Office’.
An option has been provided within Work Management and Active Work to delete tasks in bulk.
Added a new condition within Data Mine for ‘Office’ which provides a selection of Offices to choose from. This condition returns all clients set with the selected office.
For improved identification, a newly created Task will be automatically selected within the Work Management and Active Work tables.
General Maintenance
When Tax, VAT and Annual Accounts are submitted, tasks will automatically complete and recur where the automatic task option setting is active.
Performance improvements for large amounts of jobs/tasks have been implemented to Bulk Select in Work Management and Active Work.
The client summary in the Client Record will display custom fields using a drop down field type.
Standalone task widgets will display tasks if the logged in user has the rights to the view the associated client.
The client record fields ‘Assigned the client to an office’, ‘Bookkeeping software’ and ‘Method of payment’ have been updated to make sure the options are ordered correctly.
Practice Manager Plus
Custom fields set as ‘User’ can be set as an assignee on a Job templates. Where a Job is created using that template, this will automatically assign the user set against that client to the relevant job/tasks.
Dashboards have been updated to allow ‘Jobs and tasks assigned to me’ widgets to be filtered by the Custom Fields set as ‘User’.
An new filter has been added to Work Management for any Custom Field set as ‘User’.
An option has been provided within Work Management and Active Work to delete jobs and tasks in bulk.
Bulk Service Wizard has been updated to include the ability to create Annual Accounts and Tax CT work items when creating a job.
Added the ability to select clients within the Bulk Service Wizard using a dynamic filter (Data Mine), for example, by Usual Year End.
For improved identification, a newly created Job will be automatically selected within the Work Management and Active Work tables.
General Maintenance
Performance improvements have been implemented when selecting a large number of jobs/tasks within Work Management and Active Work.
Performance improvements have been implemented when creating a large amounts of jobs/tasks via the Bulk Service Wizard in Work Management and Active Work.
An existing Job Template (Workflow and Checklist mode) can now be assigned to a Team when duplicated or edited.
Mouse scroll has been disabled on the Tasks tab of the Job wizards to prevent mistakenly changing a value.
View History on a Job has been updated to include audit changes made by automation.
Job automation will create a Corporation Tax Return for the April 2024 leap year and leap years going forward.
Job and tasks widgets have been updated to display the job/task if the logged in user has the rights to the view the associated client.
It is possible to activate a service and create a job using checklist mode in all instances, regardless if the service has a template set or not.
VAT Filer
Inclusion of a new VAT Account which connects with HMRC’s new APIs to get the latest surcharge and penalty information.
Moved current functionality relating to Payments & Liabilities from individual VAT Returns to the new VAT Account.
Ability to see which user submitted a VAT Return added.
Updated the text on the VAT Filer opening dialog.
Addressed a couple of UI issues relating to boxes resizing when data has been entered.
eSign Centre
General Maintenance
The signing order can now be updated when new/updated signers are added to an existing envelope.
Updated the Recipients tab so Client Relationships can only be added as document signers once to envelopes.
Communications Centre
An alternative method of authentication (OAuth) is available for Microsoft Outlook.
Custom Fields set as ‘User' can be added as tokens to mail merge and send message (as with all other Custom Field types).
Updated the support of document types to include .doc attachments when sending an email. This will allow any Client Questionnaire (or other Mail Merge documents) to be attached without having to update to .docx.
Time
General Maintenance
The WIP Overview can now be filtered by Start/End date and will continue to show the Initial WIP.
Batch Filer
Added the ability to file CT600 Corporation Tax Returns using Batch Filer.
Added the ability to filter clients based on assigned office details.
Added the ability to print/PDF all FBI Receipts for Tax Returns submitted in a batch.
Included the IR mark of the Tax Return in the batch selection windows.
Updated Batch Filer notifications to include the name of the batch.
Add a new Status description for Tax Returns that didn't get filed during a batch submission.
Ensured that the batch name has focus when creating a new batch.
When all submissions in a batch have been made, the main batch filer window is now updated to include the latest batch.
AML Centre
Pending searches will no longer use an AML identity check licence. Only completed checks will use a licence.
Please note:
For Customers who have not already updated to Version 13, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
Product Summary
Tax Return Production
Practice Manager
Accounts Production
Tax Return Production
Tax returns saved outside the database will now automatically save after filing online.
Practice Manager
Added a new option that prevents automatic client searching. This is to assist the operation of exceptionally large databases, where enhanced performance is required.
Accounts Production
The QuickBooks trial balance import has been updated to cater for the latest QuickBooks update, so it will import successfully. The import process for QuickBooks will now divert to the machine's default internet browser for the user to authenticate with their QuickBooks credentials. Future updates are being planned in this area to further improve the import workflow.
Please note:
For Customers who have not already updated to Version 13, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
Product Summary
Accounts Production
FRC’s ethical standards note – resolved an issue where the note was included in the registrar financial statements when the selection to include the note was turned off.
The following online filling error has been resolved and will now allow the user to file successfully to HMRC:
- Error 0: cvc-complex-type.2.4.a: Invalid content was found starting with element 'frs-core:Non-bankInterestSimilarCharges'
Please note:
For Customers who have not already updated to Version 13, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
Product Summary
General
For TaxCalc versions on SQLITE databases, in certain circumstances where the TaxCalc application was open and left inactive, on returning to the application it was unresponsive - this has been resolved.
Please note:
For Customers who have not already updated to Version 13, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product Summary
General
In a small number of cases the Summer installation was unsuccessful and was rolling back to the version prior to running the installer. This has been resolved.
Practice Manager Plus
General Maintenance
Where a checklist job is assigned to a Team, all tasks will be automatically assigned to that Team
Job templates can be assigned to a Team where the assignee was previously set to portfolio manager
Tax Return Production / VAT Filer
HMRC Token Management
Fixed an issue that was causing the reauthorisation of HMRC tokens
Please note:
For Customers who have not already updated to Version 13, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product Summary
Accounts Production
Other updates within Accounts Production
General Maintenance
General maintenance – FRS 102 MLA
AML Centre
Tax Return Production
Practice Management
Communications Centre
eSign Centre
VAT Filer
Other
Please note:
For Customers who have not already updated to Version 13, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Tax Return Production
Practice Manager
Accounts Production
AML Centre
Tax Return Production
General Maintenance
CT600: Fixed an issue where Page 12 wasn’t being included in the print preview.
CT600: Added additional validations for boxes relating to marginal relief and associated companies.
CT600: Fixed an issue when trying to open or create a Corporation Tax Return where the accounting start date is before 1 April 2015.
SA100: Added a validation for HMRC Exclusion 138, which applies where amounts entered for post-cessation trade relief and certain other losses are in respect of pre-incorporation losses and should not be subject to the £50,000 cap.
Practice Manager
General Maintenance
Changes to the work item status for a standalone task are now being applied when updating from Work management, Active work, View work or Notifications.
Accounts Production
FRS 102 MLA – Medium & Large Accounts Add On updates
A new Check & Finish(R) notification will warn where the choice of accounting standard and/or size of company is not compatible with the eligible criteria relating to micro, small and medium size entities.
The Streamlined Energy and Carbon Reporting note will not be included by default, and a new Check & Finish notification will warn where a company size is set to Large but the Streamlined Energy and Carbon Reporting note is not included.
General Maintenance
The Check & Finish notification that appears when the total for the Average Number of Employees does not match the breakdown in the comparative year will now only be displayed where it is applicable.
In some scenarios where the director is appointed after the year and signing the accounts, a rejection was received (‘Generic dimension member (bus:Director) has no associated name or description item'). The director(s) will now be displayed on the Company Information page and submit successfully.
Where Investments Properties are selected to be displayed in a separate note, the values for Investment Properties will correctly be displayed in a separate row within Fixed Assets for the comparative period.
The Turnover note number will not be duplicated any more.
Plant and equipment on depreciation and revaluation will now bring forward into the correct opening balance account.
An issue causing notes to not be displayed where there are only postings in the comparative year has been resolved.
The relevant Check & Finish notification will display the correct value for Cash and cash equivalents at end of year.
In the Statement of Cash Flow, values for new finance leases will be displayed correctly in the repayment of finance leases row in cash flows in the Financing Activities note.
The Interest Receivable and Similar Income note will now be triggered correctly when postings to suitable accounts exist.
The Share Based Payments note will now be displayed in the correct location within the financial statements.
The following online filling errors have been resolved and will now allow the user to file successfully to HMRC.
-Chris 0 Accounts error – Inconsistent duplicate fact present for ‘CashCashEquilaventsCashFlowValue’
-Chris 0 Accounts error – OtherInventories requires an instant but its context contains a duration
-Chris 3314 Accounts error – Inconsistent duplicate fact present for DecreaseFromReversalImpairmentLoss RecognisedInProfitorLossPropertyPlantEquipment
-Chris 0 Accounts error – FutureMinimumLeasePaymentsUnderNon-cancellableOperatingLeases requires an instant but its context contains a duration
AML Centre
General Maintenance
The Suspicious Activity Report guidance will now return the most current guidance available.
Please note:
For Customers who have not already updated to Version 13, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Tax Return Production
Accounts Production
Practice Manager
Practice Manager Plus
Communications Centre
General
Tax Return Production
SA100 & R40 – Individual Tax Return
Incorporation of the 2022/23 R40, SA100 Tax Returns and associated supplementary pages for HMRC Forms Mode and SimpleStep(R), including required updates to calculations, summaries, wizards, HMRC helpsheets and worksheets.
2023 Client Questionnaire is now available.
Fixed the header issue not showing on the first page of the Client Questionnaire.
Updated the import for rental income from Accounts Production to Tax Return Production to ensure that joint property is taken into consideration.
SA800 – Partnership Tax Return
Incorporation of the 2022/23 SA800 Tax Return and associated supplementary pages, including updates to summaries, wizards, HMRC helpsheets and worksheets.
Updated SimpleStep for the 2023 tax year.
SA900 – Trust Tax Return
Incorporation of the 2022/23 SA900 Tax Return and associated supplementary pages, including updates to summaries, wizards, HMRC helpsheets and worksheets.
CT600 – Corporation Tax Return
Incorporation of the updated CT600, Version 3 (2023) form.
Incorporation of the new CT600N, Residential Property Developer Tax Supplementary pages.
Updated SimpleStep for inclusion of the new boxes on the CT600.
Inclusion of SimpleStep for the new CT600N, Residential Property Developer Tax Supplementary pages.
Update of Corporation Tax calculations for the inclusion of marginal relief for small companies from 1 April 2023.
Updated R&D to include the new rate changes for R&D expenditure and RDEC claims (applicable for CT periods starting on or after 1 April 2023).
Capital Allowances
Updated Annual Investment Allowance calculations to account for the extension of the £1,000,000 limit from 1 April 2023.
Fixed issues for SA100 and SA800 Tax Returns where blank columns were being brought forward on creation of a new Tax Return for capital allowance purposes.
Updated the asset details screen to ensure that the first year allowance data entry box is visible for Corporation Tax Returns starting on or after 1 April 2023.
HMRC Token Management
New option to allow for tokens for multiple offices (requires a PM Plus licence).
Notifications when HMRC tokens are reaching their expiration date.
General Maintenance
Unless otherwise stated, changes have been made for the 2023 tax year onward.
SA100
Improvements to the furnished holiday lettings individual property summary and total property summary.
Updated marriage allowance transfer rate and addressed typographical errors on the marriage allowance eligibility fetch screens.
Updated the data entered summary for wording relating to capital allowances entered in the Short SE pages.
Fixed an issue where removing the tick for Student and post graduate loan entries wasn’t removing all data.
Included further validations relating to property income, and claiming property income allowance and expenses on different properties.
Fixed an issue on the Self employment adjusted profit computation to ensure that the trading income allowance was being deducted as expected (tax return correctly deducted).
Made a small adjustment to the import mapping between Accounts Production and Tax Return Production for rental expenses.
Removed a validation relating to HMRC Exclusion 57 as this is no longer applicable.
Corrected a calculation error on the foreign tax credit relief report when Welsh taxpayer status has been set and the taxpayer is in the higher rate tax bands.
Updated wording on the wizard screens for VCT, EIS, CITR, SEIS and SITR claims.
Unlocked rental income boxes PRO42 and PRO39 when there are multiple properties.
Added a new validation if the maximum amount of rental income losses brought forward are not being utilised in full against rental income profits arising in the year.
Updated the SA302 Tax Summary to ensure that negative adjustments relating to capital gains tax are included.
Updated the SA302 Tax Summary to ensure that capital gains tax paid is included on the summary when there’s an overall capital loss arising.
Updated the SA302 Tax Summary to include dividend tax credits for individuals who are remitting dividends into the UK that carry a 10% dividend tax credit.
Fixed a formatting issue on the SA302 regarding underlining when the tax calculation spanned two pages.
Fixed a calculation error on HMRC’s SA110 Tax Calculation Summary for box A327 (was not displaying pence).
Included additional text on dividend wizard pages and a related dialog box relating to share splits that have taken place during the 2022/23 tax year.
SA800
Fixed an issue where the 5th/10th/15th/etc partner in a partnership wasn’t being included in the Partnership Business Summary.
SA900
5.21 now automatically populates where in-year losses have been used against gains arising.
Updated the tax summary to ensure that future payments on account are displayed when a repayment is due.
CT600
Enhanced the functionality for super deductions claims for Corporation Tax periods starting on or after 1 April 2023.
Addressed an issue relating to partial super deductions claims for Corporation Tax periods straddling 31 March 2023.
Updated the calculations for ring fenced profits as negative entries were being shown on form CT600 in the Corporation Tax Chargeable section.
Updated the calculation for ring fenced profit to ensure the correct rate was being used when marginal relief was being claimed.
Updated automatic population of box L166 to ensure that R&D enhanced expenditure relating to ‘Subcontracted to a large company’ expenditure isn’t included.
Accounts Production
Accounts Production - FRS 102 MLA - Medium & Large Accounts Add-on
The FRS 102 MLA add-on allows you to prepare accounts in accordance with FRS 102 for Medium & Large individual companies. As well as the existing FRS 105 and FRS 1021a accounting standards, the accounting standard selection screen contains an option to select FRS 102. For any FRS 102 1a client, there is also the option to select to include options to add any of the disclosures relating to FRS 102.
New reports, which include:
Cash flow statement – automatically calculated from the trial balance.
Strategic report.
As well as enhancements to the notes for FRS 102 that already exist for FRS1021a, the following new notes have been included:
Directors report
Change of company name, Qualifying third party pension scheme indemnity, Research & development, Employees, Employee engagement statement, Branches outside the UK, Streamlined energy and carbon reporting, Matters covered in the strategic report, Additional notes.
Accounting policies
Reduced disclosure exemptions, Investment policy, Exemption from preparing consolidated financial statements, Interest receivable and similar income, Employee benefits, Provisions and contingencies, Cash and cash equivalents.
Notes
Statement of compliance, Other operating income, Interest receivable and similar income, Auditors remuneration, Investment – subsidiary disclosures, Loans, Share based payments, Financial instruments.
Further to the above, with the FRS 102 MLA add-on you can:
Create custom or standard tables in any of the freetext boxes within the Edit Notes screens.
Other updates within Accounts Production
An option has been provided to show investment property as a separate note. In addition, a new account code has been added to post fair value adjustments (4162-1).
A general information note will show as the first note for any new periods created.
A new Check & Finish(R) will warn where a company is limited by shares, but no share capital has been entered.
The statement of comprehensive income note has been updated to include more commonly used items.
Additional accounts have been added in the chart of accounts:
For stocks – Impairment loss and reversal of impairment loss (accounts 1867/1868).
Political expenditure (account 3362).
Fair value gains/losses on investment properties/investments (accounts 3575/3576/3585/3586).
Interest payable on other loans (account 3618), Interest payable to group undertakings (account 3624), Preference share dividend paid (account 3637), Finance chart on provision (account 3646), gains/losses on derivative financial instruments (account 3675), interest capitalised (account 3676).
Intangible assets – additional movement account codes for Goodwill – revaluation (account 4008), amortisation on revaluations (account 4009), transfers (account 4009-1), amortisation on transfers (account 4009-2), other cost (account 4009-3), other amortisation (account 4009-4) including the equivalent for Other intangibles (4019 to 4019-4), Development (4029 to 4029-4), Intellectual property (4039-1 to 4039-4).
Tangible assets – additional movement account codes for Land and property freehold – transfers (4109-1), depreciation on transfers (4109-2), other cost (4109-3), other depreciation (4109-4), including the equivalent for land and property leasehold (4119-1 to 4119-4), Plant and equipment (4129 to 4129-4), Motor vehicles (4139 to 4139-4), Fixtures and fittings (4149 to 4149-4), Computer equipment (4159 to 4159-4), Investment properties (4169-1 to 4169-4).
Investments – additional movements accounts for Investments – Listed - fair value adjustments (4203-1), Provision on revaluation (account 4209), transfers (account 4209-1), provision on transfers (account 4209-2), other costs (account 4209-3), other provision (account 4209-4). including the equivalent for Investments – Unlisted (accounts 4213-1, 4129 to 4219-4), Investments – Other (accounts 4223-1, 4229 to 4229-4).
Investments – new account codes for subsidiaries (accounts 4230 to 4239-3), associates (accounts 4240 to 4249-4), joint ventures (accounts 4250 to 4259-4).
Loans codes – Other loans (accounts 5110, 5510), Debenture loans (accounts 5120, 5520).
Deferred tax codes/disclosures (6105 to 6110).
General Maintenance
Drilling down from the report to an edit notes screen containing more than one edit box, will now link to the correct Edit Notes screen.
Hire Purchase and finance leases will refer to Finance leases.
Edit note entries for tangible fixed assets – cost or valuation will show correctly rounded to pounds rather than to 2dp.
The Average number of employees note will align the figures consistently with other tables in the report.
The ‘directors_director’ token has been used in more of the default notes, so that the report will automatically update based on the number of directors.
Some options which weren’t being locked as part of the locking of an accounting period will now be locked.
Re-submission of accounts will allow for the registrar financial statements to be selected.
The number of shares entered in the share capital note will be brought forward from one accounting period to the next if a bring forward notes is performed.
The number of shares displayed in the share capital note will include commas to separate the thousands.
Practice Manager
Client List:
Custom Fields can now be added as a column to the Client List to allow a more powerful client management experience. For example, create a custom field for Customer Value, populate for each client and right click to add a column to the client list to show each client's value. The column can be sorted to bring those with the highest value to the top of the list.
Import client now allows the value for a dropdown Custom Field to be set. Include within the CSV in the usual way by adding a column – the name of the column must match the name of the Custom Field and the values must match those available within TaxCalc at the time of import.
General Maintenance
Changing any drop-down list selection to the first item in the list is now being recognised as an unsaved change.
Order report by Custom Field, where this is a drop-down option, no longer returns a blank report.
Adding specific columns to a report, within the report result view, no longer returns a blank report.
Practice Manager Plus
General Maintenance
Expanding jobs in work management displays the tasks within the job on all occasions.
Changing the assignation for a task within a job from a team to unassigned recognises the change.
Applying a job template to a job, where the job assignee is unassigned, correctly sets the task assignee.
Communications Centre
Notifications
Reminder approaching – a notification will appear a few days before record request reminders will be generated, to provide an opportunity to update the work status should records have already been received and to prevent a reminder being generated unnecessarily.
Records received – a notification will appear a couple of weeks after the work status has been changed to Records Received, to prompt you to consider whether work can now start.
Client Record
Automation settings now includes a quick link to ‘Send Email’ directly from the relevant automation, when the status indicates a reminder has been generated.
Admin Centre
The template used for the reminder is now shown (as well as the template used for the initial records request).
General Maintenance
A problem causing request records automation to be unable to generate messages consecutively, has now been resolved.
An issue causing reminder automation to be unable to generate reminders for other clients with the same period once one client has received the records, has now been resolved.
General
On MAC OS Ventura, when reports are exported and Word and/or Excel are not installed, a warning will appear.
Please note:
For Customers who have not already updated to Version 13 or who are MAC users, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Accounts Production
Accounts Production
General Maintenance
Resolved an issue where the statutory Profit & Loss Account incorrectly referenced Tax on Profit as Tax on Loss.
Please note:
For Customers who have not already updated to Version 13 or who are MAC users, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Tax Return Production
Accounts Production
Companies House Forms
Practice Manager
Communications Centre
General
Tax Return Production
SA100 / SA800 / SA900 Tax Returns
An issue relating to Mac Ventura OS which prevented the successful submission of Tax Returns where ‘Additional information’ is populated has been fixed.
It is now possible to enter zero in the ‘Tax on UK Property Disposal Return’ or ‘Tax on Real Time Transaction Reporting’ boxes without causing an online submission failure.
Real Time Transactions boxes CGT21, CGT29 and CGT37 were incorrectly adding gains to losses instead of deducting which was causing online submission failures.
The Check & Finish error message relating to duplicate UTRs for a Partnership and its partners has now been updated to include the Partnership UTR.
A new validation has been added to warn users that the number of properties box on the Land and Property pages must be between 1 and 99.
If zero is entered, this is removed from the online submission of the Tax Return to ensure the Return will file successfully.
Form HS300 calculations have been updated where a capital gains tax adjustment has been entered and there’s a gift aid charge.
Form R185E has been updated to ensure that users can step through to page 3 of the form.
Box 20.2 on the Individual Property pages has been updated to ensure it isn’t locked when there are multiple ‘other’ properties.
CT600 Corporation Tax Returns
Group Loss Relief relevant maximum has been updated to correct a validation error message showing when account period dates for the surrendering company haven’t been entered.
Import from Accounts Production has been updated to ensure that adjustments are refreshed when the amounts are zero.
Import from Accounts Production now takes into consideration a cessation date for the trade where it ceases before the end of the accounting period.
R&D SME PAYE boxes have been updated to exclude pence as pence entered was causing online submission failures.
Help links relating to some R&D boxes have been implemented.
Help links relating to CGT Transactions have been implemented.
Special Rate Pool has been updated so the balance of cost after a Special Rate First Year Allowance claim has been made is carried forward rather than being available for WDAs in the same year.
Updated the warning message when Freeport Supplementary pages are deleted.
Ensured that Freeport asset details are all retained on rolling forward to the next Corporation Tax Return.
Updated box 830 relating to non-trading losses on Intangible Fixed Assets to ensure that losses brought forward are not included.
HMRC Forms
HMRC form SA303 text and available years have been updated to bring it up in line with the current tax year.
Accounts Production
General Maintenance
Resolved an issue where large volume of data resulted in the Audit trail and Nominal ledger reports being unable to produce the report.
Profit & Loss Account lead schedule will remove the ‘Tax on Profit’ line item when the option is selected to exclude tax on profit from Trading Profit & Loss Account.
Companies House Forms
General Maintenance
Confirmation statement (CS01) will reflect the correct details for share transfers.
Practice Manager
Client List
Within Practice Manager > Client/Contacts, the client/contact list view has additional columns to show the following (right click on the column headings or go to Select Column View > Manage Column Views to add):
Latest Accounts Period/Status/Deadline
Latest CT Period/Status/Deadline
Latest VAT Period/Status/Deadline
Latest CS Date/Status/Deadline
Default column views which include columns; Code/Client Name/Client Type/Latest Period or Date/Latest Status/Latest Deadline are available for the following (go to Select Column View > Manage Column Views):
Accounts
Tax SA (includes Code/Client Name/Client Type and Status only)
Tax CT
VAT
Confirmation Statement
The Period/Date columns include a link that opens the corresponding period/Form within the related module.
The Status columns include a link that opens the status dialog for the ‘Latest’ period/date.
General Maintenance
The list of columns displayed within the column selection has been updated to move old tax years in to a sub-folder.
The list of columns displayed when customising your client list view has been updated to show tax years in the order latest > oldest.
The Company Form Status dialog now includes the ‘Date’ of each form.
Communications Centre
Request Records Reminders
An option is available (Admin Centre > Applications > Customise Communications Centre > Automated Message Settings) to allow a Reminder email to be generated for each request records automation, where the records have not yet been received. The email will be generated based on the offset specified e.g. 14 days from the date the previous request for records was sent.
Reminders can be set with a different template to the original request.
Reminders can be turned on for all or specific clients.
Reminders are generated and displayed within the Pending queue, identified by the Message type referring to ‘Reminder x’.
Reminders are generated until the work status is changed to ‘Records Received’ (or the last generated reminder email is cancelled).
The client record will:
Show the current status for the request for records (inc. reminders) within Automated Message Settings.
Record all request for record reminder emails (along with initial request emails) within Communications Activity.
Default Request for Record Reminder email templates are available for Accounts, Tax SA, VAT and Confirmation Statement.
Communications Summary
The Sent Messages widget has been updated to include a counter for; Total Pending Requests, Total Pending Reminders, Total Scheduled Message (as well as Sent Messages - last 30 days).
The Pending Record Request widget has been updated to include ‘Reminders’. The counters show the number of request and reminder emails (for each work type) within the Pending queue.
The Automation widget has been updated to include the status of Reminder automation (for each work type) and how many clients have the Reminder automation on/off.
Notifications
A notification will now be generated when a Scheduled message (waiting in the Pending queue) becomes due. The notification will appear for any user with a Communications Centre licence and who is the specified from ‘sender’ (or has access to a the shared from email account).
A notification will now be generated when Request for records/reminder emails are generated (waiting in the Pending queue). The notification will appear for any user with a Communications Centre licence and who is the specified from ‘sender’ (or has access to the shared from email account).
A notification will appear for all users with a Communications Centre licence where Request for record/reminder automation has not been activated. The notification can be dismissed should the use of this feature not be required.
General
In certain circumstances, a small number of users experienced an error when upgrading to the latest TaxCalc release, which has now been resolved.
Please note:
For Customers who have not already updated to Version 13, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
Product summary
Tax Return Production
Time
Accounts Production
General
Tax Return Production
Resolved an issue where Class 2 National Insurance was not always being calculated when a user requests to pay voluntary Class 2 NIC contributions. Please review any returns generated on v13.0.045.
Time
Resolved an issue where some users were unable to add client time logs directly within the Time Module. All other ways to log client time logs were unaffected.
Accounts Production
A ‘Browser not supported’ error when connecting to QuickBooks Online has been resolved.
General
In certain circumstances, users experienced an error when upgrading to the latest TaxCalc release which has now been resolved.
Please note:
For Customers who have not already updated to Version 13, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Tax Return Production
Accounts Production
Companies House Advanced Integration
Company Incorporator
AML Centre
Practice Manager
Practice Manager Plus
Communications Centre
HMRC Forms
VAT Filer
Tax Return Production
SA100
New Feature: Users can now import rental income accounts from Accounts Production directly onto the Individual Tax Return Property pages.
Updated the 2022/23 WhatIf Planner Class 4 calculations following the fiscal statement announcement on 23 September 2022.
Updated the 2022/23 WhatIf Planner student loan plan 1 and plan 4 thresholds.
Fixed an issue when fetching Employment data from HMRC, where the results were not being displayed as expected on screen.
Added the ability for users to be able to select multiple offices from a dropdown list in the agent details screen in ‘other information’.
Added HMRC Exclusion 121 - Relating to ordering of allowances (Tax Year 2022).
Provided more information for common HMRC errors received when submitting Individual and Corporation Tax Returns online.
Provided more clarity when the Client Questionnaire is unable to generate for a specific client (or clients).
Updated the years on the SA302 Summary for underpaid tax included in a tax code.
Fixed an issue where, on occasion, a refreshing issue relating to Class 2 National Insurance was causing a calculation error when the Tax Return was submitted online.
Corrected an issue where the country code checker in the Foreign income section was stating 'There is no existing double taxation agreement in place' for the majority of countries listed.
Updated the help link for Class 2/Class 4 National Insurance.
Updated the help link for CGT Real Time Transaction Tax Return.
Updated Land & Property Forms mode to ensure it is locked if there are multiple FHL or Other property records in SimpleStep.
Fixed an intermittent issue with Macs and importing Tax Returns where there are Capital Gains Tax entries.
Corrected a spelling error in the WhatIf Planner under the Add/Edit Capital Gains section.
Updated the description of the WhatIf Planner data entry box for 'Retirement lump sums' as this should refer to 'Redundancy and other lump sum payments'.
Updated the logic to ensure that the 'Tax on gains already charged' box is shown in Capital Gains Tax for a non-resident person, even if the date of acquisition is after 05/04/2019.
CT600
New Feature: Addition of CT600M Freeport Supplementary pages.
Updated the rate for loans to participators where the accounting period straddles 5/4/16 and the loans to participators wizard is being used.
Updated the routing in SimpleStep for some pages as, on occasion, the routing was taking users to the Northern Ireland version of some pages.
Updated the trading losses screen to aid users when a claim for R&D or creative tax credits is also being made.
Provided additional validations if the PAYE reference (box L168A) is not in the correct format for online filing.
Updated the tooltip for PAYE reference box L168A on the R&D Supplementary pages.
Updated the validation for R&D SME PAYE cap to ensure that it takes into consideration short periods of account.
Capital Allowances
Enhancements for the addition of Freeport Structures & Buildings Allowance (SBA) and Freeport Plant & Machinery Enhanced Capital Allowances (ECA).
Updated the AIA limits in line with the budgetary changes.
Addressed some issues relating to the disposals of Structures and Buildings Allowance assets.
Updated the CT600 Capital Allowances grid to ensure that asset names for single pool assets are displayed.
Fixed an issue on the CT600 for box 775 which was incorrectly including a deduction for the cost of assets where a Special First Year Allowance was also being claimed.
Addressed rounding issues that can sometimes occur where a super deduction claim is being made.
Updated the CT600 Capital Allowances Manual Grid to ensure that row descriptions and column headings are always visible to enable easier use of the grid.
Accounts Production
Limited Liability Partnership (LLP) Statement of Recommended Practice (SORP) update
We have updated Accounts Production for the revised SORP for LLPs for accounting periods starting on or after 1 January 2022.
The term ‘partners profit allocation’ has been updated to refer to ‘members division of profit’ to be line with the current SORP.
Standard text for the following have been updated to refer to the recent SORP December 2021:
Basis of preparation – Accounting policy.
Opinion (Qualified/unqualified) – Auditor’s report.
Other improvements
Edit mode in the financial statements will now enable account descriptions to be drilled into, allowing for them to be edited directly from the report output. The account number will be displayed so the account number can be easily identified.
The Audit Trail, Nominal Ledger and Trial Balance reports will only display ‘unallocated’ amounts to indicate residual amounts not allocated to officers, rather than where an account has no postings to any officers.
Improved error handling of bookkeeping errors
Where an import/export results in an error, a more detailed error code provided by the connected bookkeeping app will be displayed.
General Maintenance
The following issues have been resolved:
Note numbers will be in sequential order for the Registrar Financial Statements.
Posting batches that have been exported to third party bookkeeping providers can now be deleted successfully.
Hyperlinks relating to directors within supporting schedules will return the user to the supplementary report correctly.
Changes in report terms will be reflected in the Detailed Balance Sheet for accounts prepared under FRS 105.
Tax Production will import the rounded profit value from Accounts Production rather than the unrounded figure.
Rounding issue resolved where overdrawn director's loan accounts were not displayed correctly in full financial statements.
An issue where the import from FreeAgent incorrectly displayed account codes with sub-accounts has been resolved.
Companies House Advanced Integration
When syncing an address within the Companies House sync, a warning will be displayed before updating a shared address (registered office/service).
When selecting the current officers filter, past officers will be removed so that it shows only the current officers.
Company Incorporator
It is now possible to edit the prescribed particulars attached to the share class.
Check & Finish validations have been added to help prevent conflicting information being provided for the Person of Significant Control (PSC) at Incorporation. Validations have been added for the following scenarios:
Where the prescribed particulars attached to all classes of shares state they have voting rights but any of the PSC of the company are confirmed to have ownership of shares but not voting rights within the nature of control.
Where the prescribed particulars attached to all classes of shares state they have voting rights (i.e. they use the default wording for prescribed particulars) but any of the PSC of the company are confirmed to have voting rights but not ownership of shares within the nature of control.
Where a shareholder owns >25% of share capital, and the same shareholder is also a PSC, a Check & Finish warning will be displayed if the PSC has not declared ownership of shares within the nature of control.
AML Centre
The Search sanctions list will return the most current sanction list available.
AML ID check – improved messaging when registration is not completed by the user.
Practice Manager
Client Record
Select ‘Open Client/Contact’ from within the Relationships page on any client for quick access to the related client's record.
Bulk Actions
An option has been added to the Practice Manager client/contact sub-menu to allow users to bulk assign a Portfolio Manager to multiple clients at the same time.
Report Manager
It is now possible to include a column on all reports to show which clients have been ‘Archived'. (Please note, you must first make a selection to include archived clients within the report via the Client Selection screen, only applicable for ‘Specific’ or ‘Advanced’ client selection).
It is now possible to include column(s) on all reports to show Relationship information (type, name, commencement date, cessation date and main contact) for all relationship/client types.
A default ‘Relationship Report’ has been provided.
A Search has been added to Report Customisation to allow users to search the available columns.
Data Mine
An option has been added to Practice Manager at the top of the client/contact list named 'More Filters', which allows quick access to data mine for filtering of the list of clients/contacts shown.
New conditions have been added to data mine, to be able to filter client/contacts on Relationship information (name, commencement date, cessation date, and main contact, in addition to the existing condition for Relationship type).
Mail Merge
A Mail Merge can now be populated with client data entered within any Custom Field (including a new Dropdown field type, see below).
Custom Fields
A new type of Custom Field has been added allowing a dropdown selection of pre-defined choices to be created and added to each client record. The dropdown field will also be available within Data Mine, Report Manager, and to populate a mail merge or email.
The length of the field for custom field type ‘Text’ has been increased.
Practice Manager Plus
Workflow
Where a Job has been created from a Template and changes are made, an option is now available within the Recurrence settings to recur the Job with those client specific changes, rather than revert back to the template settings. Where changes have been made and the option has not been selected, a prompt will appear asking how you want the Job to recur.
The Job Templates table within Admin Centre > Customise Practice Manager now shows the number of ‘Active Jobs’ using that template, with a link to Work Management showing a filtered list of the related jobs.
General Maintenance
Within active work on the client record the completed filter now displays the completed jobs or tasks in all situations.
When using a template to create a Job, the dates applied to the first task are now set correctly on recurrence.
When creating a Job, reminders are now set correctly for non-default templates.
Communications Centre
Emails can now be populated with client data entered within any Custom Field (including a new Dropdown field type, see Practice Manager > Custom Fields above).
Categories can now be created within the Mailing Lists screen to group together similar types of client lists for quick and easy access.
General Maintenance
A Mailing List will now be shown within the Mailing List table where 0 recipients are returned. This allows a dynamic list to be created (using Advanced client selection) before updating the criteria required to add clients to that list.
The Merge Field ActiveTaxYear20XXXY will no longer display '0th'.
HMRC Forms
Updated HMRC's address on Form SA1.
VAT Filer
Updated the VAT Report to ensure that Direct Debit instalments are shown.
Addressed a refresh issue when fetching payments & liabilities that would sometimes occur, resulting in the need to navigate away and then return to the Payments and Liabilities screen.
Addressed HMRC's restrictions when sending older VAT Returns via MTD to ensure that this is now possible.
Please note:
For Customers who have not already updated to Version 12, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
Product summary
Practice Manager
Please note:
For Customers who have not already updated to Version 12, this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
Product summary
Accounts Production
Practice Manager
Tax Return Production
Accounts Production
A technical update has been made to ensure that the Xero connection and links continue to work as required by Xero’s terms and conditions.
Practice Manager
All jobs and tasks will be shown by default within the Work Management screen, with filters and column sorting applied to the full list when selected. The option to show the list of jobs and tasks in pages has been removed.
Tax Return Production
WhatIf Planner: Updated the maximum Class 4 amount due.
The import from Accounts Production to Self-employment Short pages no longer shows other income as an expense.
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Practice Manager
Practice Manager
Jobs and tasks now correctly appear within the outstanding work dialog
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
General
General maintenance
Tax Return Production
SA100 Tax Return Production
General maintenance
SA800 Tax Return Production
SA900 Tax Return Production
CT600 Corporation Tax Return
Accounts Production
General Maintenance
Companies House Forms
Company Incorporator
AML Centre
Practice Manager
Mail Merge: New data fields (merge fields) have been added for the following:
General Maintenance
Practice Manager Plus
General Maintenance
Communications Centre
New data fields (tokens) have been added for the following:
General Maintenance
HMRC Forms
Batch Filer
Please note:
Product summary
Accounts Production
Please note:
Product summary
Accounts Production
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns and may affect some SA100, SA800 and SA900 returns
Product summary
Tax Return Production
Updates to the transaction headers used when communicating with HMRC have been performed in line with the latest HMRC requirements.
SA100 & R40 – Individual Tax Return
SA800 – Partnership Tax Return
SA900 – Trust Tax Return
CT600 – Corporation Tax Return
Capital Allowances
General Maintenance
Unless otherwise stated, changes have been made for the 2022 tax year onward.
SA100
SA900
CT600
Accounts Production
General Maintenance
Communication Centre
General Maintenance
Practice Manager
General Maintenance
Companies House Forms
General Maintenance
Companies Incorporator
General Maintenance
eSign Centre
General Maintenance
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Tax Return Production
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Tax Return Production
General Maintenance
The following issues have been resolved:
CT600
Individual Tax Returns
Partnership Tax Returns
Trust Tax Returns
Accounts Production
General Maintenance
Companies House Forms
Company Incorporator
General Maintenance
All incorporation submissions are now being validated for the inclusion of a PSC, therefore the severity of the warning at Check & Finish has been increased to an orange warning where the shares have been allotted but no Person of Significant Control is provided.
Communications Centre
General Maintenance
Practice Manager
General Maintenance
eSign Centre
General Maintenance
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
Accounts Production
Accounts Production will open without delay, when selecting to open an existing or newly created accounting period.
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns.
Product summary
NEW – Communications Centre
TaxCalc Communications Centre allows you standardise, customise and take control of client communications activity within your practice using TaxCalc's data to personalise every client email, saving time and providing a high level of service. Visit the Communications Centre product pages on our website for more information.
Features include:
Practice Manager
Mail Merge
General
Tax Return Production
CT600
Capital Allowances - Enhancements
Capital Allowances - Maintenance
General Maintenance
WhatIf Planner
HMRC Forms
Accounts Production
General Maintenance
AML ID Checking
General Maintenance
AML Centre
General Maintenance
Companies House Forms
General Maintenance
Companies Incorporator
General Maintenance
Please note:
Product summary
General Maintenance
Product summary
General
Two-Factor Authentication (2FA)
Two-factor authentication will not be activated on any users unless you choose to activate it. It can be turned on:
General Maintenance
Accounts Production
Two-Factor Authentication (2FA)
Please note:
Product summary
Accounts Production
General Maintenance
eSign Centre
General Maintenance
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns and may affect some SA100, SA800 and SA900 returns
Users of our Accounts Production bookkeeping integrations will need to update to this version to continue to use the integrations with Xero, Quickbooks and FreeAgent. Also, Quickbooks connections will require re-authentication to use the integration once the software has been updated. This is as a result of the update to OAuth 2.0 and additional security improvements.
Product summary
General
Licencing
Tax Return Production
What If? Planner
Dividend Database
General Maintenance
Capital Allowances
VAT Filer
Accounts Production
Bookkeeping enhancements
General Maintenance
Companies House Forms
Company Incorporator
AML Centre
Practice Manager
General Maintenance
Practice Manager Plus
General Maintenance
eSign Centre
General Maintenance
Cloud Connect
Please note:
This release may result in a change to the IR Mark for existing CT600 and SA100 returns.
Product summary
Tax Return Production
Compliance
General Maintenance
Accounts Production
General Maintenance
Resolved an issue whereby accounts created within TaxCalc and saved externally to be attached to a CT600 submission, were causing an error on submission to HMRC. (Message: cvc-complex-type 3.2.2 Attribute ‘IsNotSubmission’ is not allowed to appear in element ‘body’.)
Practice Manager
General Maintenance
eSign Centre
General Maintenance
VAT Filer
Compliance
General Maintenance
Company Incorporator
Compliance
Time
General Maintenance
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns and may affect some SA100, SA800 and SA900 returns.
Installation of this release will include the auto-creation of 2021 Tax Returns where 'auto-create work' was set on completion of the 2020 jobs and tasks. This will be performed in the background and will also link the 2021 Tax Return to the already existing job or task (for 2021). You can continue to use the software whilst the returns are being created, however, please note that the 2021 Tax Return may not be immediately available until this background process has been completed.
Product summary
Tax Return Production
SA100 & R40 – Individual Tax Return
SA800 – Partnership Tax Return
SA900 – Trust Tax Return
CT600 – Corporation Tax Return
Capital Allowances
General Maintenance
(Unless otherwise stated, changes have been made for the 2021 tax year onward.)
SA100
SA900
CT600
Accounts Production
General Maintenance
Practice Manager
General Maintenance
Practice Manager Plus
General Maintenance
eSign Centre
General Maintenance
AML Centre
General Maintenance
VAT Filer
General Maintenance
Companies House Forms
General Maintenance
Company Incorporator
General Maintenance
Please note:
This release is available for a specific set of customers using WINDOWS machines only
For Customers who have not already updated to Version 11 this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
Product summary
TaxCalc General - DIAGNOSTIC RELEASE
We have identified that at least one computer in your practice is only having intermittent communication with our servers.
As a result, you will receive a notification in TaxCalc asking you to update your software immediately.
The majority of the features in the TaxCalc software you currently use require a connection to our servers. This happens so that your software can be:
With Making Tax Digital (MTD) initiatives requiring frequent connectivity with HMRC, there is now an increasing reliance on these connectivity features which not only ensure that you remain compliant but in full and accurate control of your client data.
Updating will not alter your current product's functionality.
Please note:
This release may result in a change to the IR Mark on any existing V3 CT600 returns and in addition some SA100 returns, where Capital Gains Tax computations are present. Please see KB1304 for more information.
Product summary
Tax Return Production
VAT Filer
Companies House Forms
Please note:
Product summary
Practice Manager
Please note:
Product summary
Accounts Production
Presentation Enhancements
General Maintenance
AML Centre
General Maintenance
Companies House Forms and Company Incorporator
Practice Manager
General Maintenance
Practice Manager Plus
General Maintenance
Time
General Maintenance
eSign Centre
General Maintenance
Document Manager
General Maintenance
Tax Return Production
General Maintenance
VAT Filer
General Maintenance
Please note:
Please note:
General maintenance
Please note:
The following improvements have been included:
Product summary
Tax Return Production
General maintenance
SA100 Individual Tax Returns
General maintenance
SA800 Partnership Tax Returns
General maintenance
CT600 Corporation Tax Returns
General maintenance
VAT Filer
Compliance
Accounts Production
Bookkeeping Integration Enhancements
Improved the bookkeeping integration for effortless connectivity and transfer of data.
Presentation Enhancements
General maintenance
Company Incorporator
AML Centre
Ability added to run AML ID checks and add verification records for a related party within AML Centre.
Practice Manager
General maintenance
Practice Manager Plus
General maintenance
Time
General maintenance
Document Manager powered by SmartVault
General maintenance
Please note:
The following improvements have been included:
Product summary
Accounts Production
Please note:
The following improvements have been included:
Product summary
Document Manager
Tax Return Production
Time
Accounts Production
Practice Manager
Please note:
The following improvements have been included:
Product summary
eSign Centre
General maintenance
Please note:
The following improvements have been included:
Product summary
Tax Return Production
SA100
General maintenance
Corporation Tax
General maintenance
SA800
VAT Filer
General maintenance
Accounts Production
General maintenance
AML Centre
General maintenance
Companies House Advanced Integration
Practice Manager
General maintenance
Document Manager
eSign
General maintenance
Time
Applying the Update
Please note:
The following improvements have been included:
Product summary
Accounts Production:
General Maintenance:
AML Centre:
General Maintenance:
Tax Return Production:
WhatIf Planner:
Dividend Database:
HMRC Pre-Population APIs
General Maintenance:
SA100 / SA800 / SA900:
Corporation Tax:
Practice Management:
Applying the Update
Please note:
The following improvements have been included:
General Maintenance:
Applying the Update
Please note:
The following improvements have been included:
Product summary
Accounts Production:
General Maintenance:
Anti-Money Laundering:
General Maintenance:
Practice Management:
Please note that:
General Maintenance:
eSign Centre:
General Maintenance:
Applying the Update
Please note: For Customers who have not already updated to Version 11 this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
In addition, installation of this release will include the auto-creation of 2020 Tax Returns where 'auto-create work' was set on completion of the 2019 jobs and tasks. This will be performed in the background and will also link the 2020 Tax Return to the already existing job or task (for 2020). You can continue to use the software whilst the Returns are being created, however, please note that the 2020 Tax Return may not be immediately available until this background process has been completed.
The following improvements have been included:
General Maintenance
TaxCalc 11.5.0.39 allows upgrade to TaxCalc 2020 release where clients have multiple businesses with different year-ends. This version is not needed for users already on 11.5.0.38.
Applying the Update
Please note: For Customers who have not already updated to Version 11 this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
In addition, installation of this release will include the auto-creation of 2020 Tax Returns where 'auto-create work' was set on completion of the 2019 jobs and tasks. This will be performed in the background and will also link the 2020 Tax Return to the already existing job or task (for 2020). You can continue to use the software whilst the Returns are being created, however, please note that the 2020 Tax Return may not be immediately available until this background process has been completed.
The following improvements have been included:
Product summary
Accounts Production:
General Maintenance:
Anti-Money Laundering:
AML Centre:
General Maintenance:
Tax Return Production:
General Maintenance:
Practice Management:
General Maintenance:
eSign Centre:
General Maintenance:
Document Manager powered by SmartVault
Applying the Update
Please note: For Customers who have not already updated to Version 11 or who are on Linux this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
The following improvements have been included:
Product summary
AML Identity Checking
Practice Manager
AML Identity Checking
AML Identity Checks have been upgraded to support a more technologically advanced service delivered by Equifax. This will provide a more secure service that allows better control over your AML ID Checks using improved functionality.
Service Update:
Please note: The upgraded service will need to be used from 31 March 2020 and will require changes to licencing and credits. Please see KB3048 - TaxCalc AML Identity Checking Service Upgrade for more information.
General Maintenance:
Improved process for deleting pending searches which should allow you to easily remove unwanted searches.
Practice Manager
General Maintenance:
Applying the Update
Please note: For Customers who have not already updated to Version 11 this update requires an installer to be run. Please ensure that you have local admin rights before attempting the update.
The following improvements have been included:
Product summary
Practice Manager
General Maintenance:
Tax Return Production
General Maintenance:
SA100:
SA800:
AML Centre
General Maintenance:
Identification: