Knowledgebase Support HMRC Useful links
Knowledgebase home
Tax Return Production
Accounts Production
Client Hub
Practice Management
VAT Filer
CloudConnect
Anti-Money Laundering
Support home
Hot Topics
SimpleStep Guides
Release Notes
Technical
Known Issues

HMRC Status
Useful Links
MTD for Agents MTD for Businesses What is MTD
Preparation
Agent Services Account
MTD for VAT
MTD for Income Tax
MTD for VAT
Digital Record Keeping
Quarterly Updates
Step-by-step Guide
HMRC's MTD Timeline
TaxCalc's MTD Journey
For Accountancy Practices and Tax Advisors For Individuals, Businesses, Trusts, and Partnerships
PRACTICE MANAGEMENT
Client Hub
Companies House Integration
GDPR Centre  
NEW

eSign Centre  
NEW

AML Identity Checking
AML Centre  
NEW



COMPANY SECRETARIAL
Company Incorporator
Companies House Forms
FINANCIAL REPORTING
Accounts Production


TAXATION AND HMRC
Tax Return Production
VAT Filer


SERVICES
CloudConnect
TAX SOFTWARE
Individual
Limited Company
Partnership
Trust
VAT SOFTWARE
VAT Filer for Business  
NEW

How do I use the What If? Planner?

Article ID: 2157
Last updated: 14 Mar, 2019

You can use the What If? Planner to forecast next year’s tax liability by following these steps:

  1. Go to the Check & Finish screen.
  2. Click on What If?
  3. Enter the income figures:
    • Click on Use 2018/19 Values and use Add/Edit for each section to adjust the figures – if the information is the same or similar to the current tax year.
    • Click on Add/Edit for each section and enter the projected income in the boxes – if the information is different or you want to enter it manually.
  4. Click on Close to build on next year's tax calculation.

When you’ve declared all of the income, you’ll see the estimated final tax liability due for next year.

Please Note: This information doesn’t get filed online so you’ll still need to complete the tax return as required for that tax year.

Article ID: 2157
Last updated: 14 Mar, 2019
Revision: 9
Views: 1016
This article was: