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Glossary

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  • Amortisation
    Businesses capitalise goodwill as an intangible fixed asset and write it off over a number of years. This is what is known as amortisation. This works similarly to Depreciation which is the write off of Fixed Assets. 
  • anonymised
    When you send an anonymised return to TaxCalc, the return received will be cleared of personal details and anything that would relate to you/your client. This includes:
    • Name
    • National Insurance Number
    • Unique Tax Reference number
    • Address(s)
    • Name and details of: Employer, Self Employment, Partnership, Properties, Pension (contributions and income), Foreign income and Capital Gains. 
    • Bank details
  • ASP_DB_CONNECTION
    The asp_db_connection file is used when workstations have a problem trying to start the network version of TaxCalc. The file consists of encrypted connection details to allow the workstation to be able to start the program even if they dont get a response from the Acorah Discovery Service running on the server.
    This file tells the workstation where the database is.
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