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Known issues in the latest released version of TaxCalc
Below is a list of notable issues that have been reported in recent versions of TaxCalc since their release. Other issues may exist that have not yet been confirmed or investigated, or are trivial/cosmetic. This should be read in conjunction with our article How are software enhancements and...
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01 Jul, 2025
Views: 41463
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When will Charity Accounts be available in TaxCalc Accounts Production?
TaxCalc Accounts Production for charities is currently in development and will be available later in 2025. We are also investigating and working on introducing additional charity formats and are therefore conducting research and would greatly value your input. To register interest please click on...
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01 Jul, 2025
Views: 3812
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Top Tips and Tricks
Here are a few tips and tricks to help you in TaxCalc! Communications Centre These articles provide you with tips and tricks you can use within Communications Centre. How do I edit an existing Mail Merge template? How do I generate a mail merge letter for a single client? ...
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01 Jul, 2025
Views: 11756
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TaxCalc Release Notes 2025
Below are the Release Notes for TaxCalc 2025 releases. Click to see the Release Notes for 2013-2016 > 2017 > 2018 > 2019 > 2020 > 2021 > 2022 > 2023 > 2024 Please note we phase releases out so you may not see this available straight away. TaxCalc Product Update - version...
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01 Jul, 2025
Views: 191137
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Postgres 16 Migration information
TaxCalc Core Component Update - PG16 Migration As well as more regular software updates, TaxCalc may occasionally need to update some other components like the database management system that stores your data. This may be upgraded to provide continued security or performance enhancements, for...
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01 Jul, 2025
Views: 212
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MTD Quarterly Filer - How to submit data
Updates need to be sent to HMRC quarterly and by the deadline, to avoid penalties, but it is possible to send more frequently if this is preferred. Click Create New Update. From here the Import data screen is displayed where you can import, map and save data. If the data being imported is for...
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27 Jun, 2025
Views: 28
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MTD Quarterly Filer - Getting started
MTD Quarterly Filer provides the functionality to complete the in-year submissions (Quarterly Updates) and interacts with TaxCalc modules and other bookkeeping/spreadsheet solutions. Setting up businesses in MTD Quarterly Filer: After launching MTD Quarterly Filer: Select the client you are...
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27 Jun, 2025
Views: 37
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Dividend Database, useful information
The links to various articles below will assist in using the Dividend Database Dividend splits and reverse splits will change share holdings in a company. The ‘Useful Information’ articles below clarify how to address this in the dividend wizard. As well as containing other information for...
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26 Jun, 2025
Views: 1703
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Useful information relating to the Dividend Database (2024-25)
Below is some useful information surrounding the data held within the Dividend Database for the 2024-25 tax year. For information relating to other years, please see Dividend Database, useful information Redde Northgate Renamed to ZIGUP in May 2024 CentralNic Group Renamed to Team...
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26 Jun, 2025
Views: 42
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What is Advanced Security?
Your TaxCalc customer account is currently accessed through an email address and password combination. These details are also used to license your software. The Advanced Security Settings increase the amount of security set on your account and make it harder for a third party to attempt to gain...
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24 Jun, 2025
Views: 3635
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MTD for Income Tax - Frequently Asked Questions
MTD for Income Tax - Frequently Asked Questions Q1) As an agent, what does MTD mean for my clients? Clients that are mandated for MTD will be required to: Maintain Digital Records (Bookkeeping Software/Spreadsheets) for each business at least quarterly Submit income & expenses...
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20 Jun, 2025
Views: 1058
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MTD Quarterly Filer - Collateral
We have collated all the information you'll need to start submitting quarterly updates to HMRC using MTD Quarterly Filing, as well as information on starting the MTD for income tax process with HMRC. Setting up and using MTD Quarterly Filer Getting started How to submit data Excel...
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19 Jun, 2025
Views: 97
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MTD for income tax - Agent journey for signing up clients with HMRC
If you have clients who will be required to report income under MTD for Income Tax from April 2026, you will need to sign up your clients with HMRC beforehand. It is possible to sign up clients now to help test the service and this will be necessary before using software, such as TaxCalc's MTD...
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19 Jun, 2025
Views: 148
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TaxCalc bookkeeping spreadsheet transaction templates for MTD
To assist you with complying with digital links for MTD reporting, we have produced spreadsheet templates for recording transactions and summarising totals. The totals can then be imported by VAT Filer (for quarterly MTD VAT return submissions) and will be ready to use with MTD Quarterly Filer...
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19 Jun, 2025
Views: 8147
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VAT Filer: Collateral
You may have already started your MTD for VAT journey, which will affect the majority of VAT registered businesses from 1 April 2022.VAT Filer provides the functionality to enable businesses and practices to record and submit VAT returns via HMRC's Making Tax Digital (MTD) scheme. We have...
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11 Jun, 2025
Views: 1139
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MTD for Income Tax - what to expect
Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requires businesses and landlords with qualifying income to maintain digital records and update HMRC each quarter using compatible software. When you will need to enrol for MTD ITSA For individuals, MTD for ITSA will be introduced...
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11 Jun, 2025
Views: 2265
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How do I submit the Community Interest Company (CIC) Report to Companies House?
Before you're ready to submit the accounts and CIC report to Companies House you will need to follow the steps included in How do I create a Community Interest Company (CIC) Report? Companies House prescribes that certain financial statements are filed as a zip package via the Companies House...
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03 Jun, 2025
Views: 706
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How do I create a Community Interest Company (CIC) Report?
To create a Community Interest Company (CIC) Report, first you need to mark a company as a community interest company (CIC) in TaxCalc, following these steps: Launch Practice Manager. Double-click on the relevant company. Click on Company Information. Tick the checkbox Company is a Community...
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03 Jun, 2025
Views: 446
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How do I submit revised accounts electronically to Companies House?
From version 13.6.003 of TaxCalc, we introduced the option to submit Revised Financial Statements electronically for periods ended on or after 1 April 2022. From version 14.5.XXX, a further change has been introduced to submit Revised Financial Statements electronically for periods ended on or...
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03 Jun, 2025
Views: 6172
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Can I upload MS Word documents to an eSign envelope?
You can now include external PDF documents within your eSign envelope. This is particularly handy should you wish to send engagement letters to your clients. As engagement letters are generated in MS Word, you will need to convert them to PDF in order to upload them to the envelope. Converting...
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03 Jun, 2025
Views: 749
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How to Add a Ceased Relationship as an Envelope Recipient
Within the Recipients screen, select Add/Manage Relationships to display the Relationship Manager dialog. Click the option Include ceased relationships which will then show you any ceased relationships for the client in the Relationship list. Select the ceased relationship recipient and click...
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03 Jun, 2025
Views: 240
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How capital gains tax is calculated on disposals made on or after 30 October 2024
For disposals of assets, other than residential property or carried interest, made on or after 30 October 2024, the rates on which Capital Gains Tax (CGT) is charged increased from 10% and 20% to 18% and 24% respectively. HMRC have specified that the automatically generated calculation of Capital...
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03 Jun, 2025
Views: 251
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How to adjust self-employment profits for accounting periods not aligned with the tax year (from 2024/25 onwards)
When processing the information for the 2024/25 tax year, the Basis Period Reform will have already taken place. If you are unfamiliar with the rules surrounding this, it is recommended that you review this HMRC webpage for further information. If for any reason, a self employed individual has...
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03 Jun, 2025
Views: 374
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How to Override Job’s Template Settings
When a job is created from a Template a link to that template is maintained. This allows changes to be made to the template in the future and for those changes to then be automatically applied to any job using that template when it next recurs. For example, if the template has been set to use...
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03 Jun, 2025
Views: 729
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How to Assign Jobs to Additional Managers
Within Admin Centre you can create a custom field for Users to display a list of users within the practice which allows you to set additional custom user roles against the client. Adding a User Custom Field: Within Admin Centre > Applications > Customise Practice Manager, select the...
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03 Jun, 2025
Views: 536
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