When can I use the Dividend Database or What If? Planner?

The What If planner and Dividend Database are add on modules to your existing tax packages. Each year, the software is updated in June to contain the updated details required.

Between April and June, TaxCalc are in communication with HMRC and are finalising the information that we have before bringing the products to the market. 

The Dividend database will provide you with the records for the earlier years however you will not be able to access the 2023/24 tax year until the release is implemented during June. Please note that this will not require a software update as this information can be transmitted by closing the application and restarting after we send the information. 

The What If? Planner will also provide you with access to this tool for earlier years however will not incorporate the tool to plan for 2024/25 until the June update.

To access these modules, follow these steps:

1. Go to Help > Check for Updates for the latest version of TaxCalc.
2. Go to the relevant location:
   • Dividend Database – UK Dividend wizard on your individual return.
   • What If? Planner –  Check & Finish screen.

For instructions on using the modules read:

• Using the Dividend Database
• How do I access the What If? Planner?