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
Accountancy Practices
and Tax Advisors
 
Individuals, Businesses, Trusts
and Partnerships
SOFTWARE
Client Hub
Accounts Production
Tax Return Production
VAT Filer
Company Incorporator
Companies House Forms
Companies House Integration
GDPR Centre
eSign Centre


SERVICES
CloudConnect
AML Identity Checking
TAX SOFTWARE
Individual
Limited Company
Partnership
Trust


VAT SOFTWARE
VAT Filer for Business
Recent Articles
TaxCalc release notes
TaxCalc Product Update – Version 8.0.022 – Released on 26 Mar 2019 Applying the Update Please note: 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 ...
rating 26 Mar, 2019 Views: 69123
Importing VAT data on Mac OSX or Linux
As of the tax year release (8.0.022) TaxCalc made changes that affect the import of Excel and CSV files into the VAT Filer module on Mac and Linux systems The TaxCalc MTD VAT import wizard now supports importing directly from an Excel formatted spreadsheet file on Mac or Linux based systems....
rating 26 Mar, 2019 Views: 575
Importing Data to VAT Filer from Microsoft Excel
As of the tax year release (8.0.022) TaxCalc made changes that affect the import of Excel and CSV files into the VAT Filer module VAT Filer continues to support importing Excel files with an extension of .xlsx and now supports xlsm, but files with an extension of .xls can no longer be imported...
rating 26 Mar, 2019 Views: 0
How do I apply the Scottish tax rate to my return and what impact does this have?
When using TaxCalc, the tax return should automatically have the tax rate applied based on the postcode of the address on the return. Therefore the return will automatically apply the Scottish rate if there is a Scottish postcode. If this doesn't happen, please ensure that you are running the...
rating 22 Mar, 2019 Views: 449
Operating Systems no longer supported
You are probably seeing this page because an installation has been completed on an Operating System that TaxCalc can no longer support for technical reasons, and you have been directed to this location. If this is the case, please refer to the following article for more information. Retired...
rating 22 Mar, 2019 Views: 441
How do I offset Capital (CGT) losses?
Any unused Capital Gains Tax losses from previous years that are carried forward have to be used against the first available capital gains. This means that you can reduce your capital gains to the yearly allowance amount (£11,700 in 2018-19) and carry forward the remaining losses. TaxCalc does...
rating 21 Mar, 2019 Views: 16690
The TaxCalc Hub Setup Wizard
When starting TaxCalc for the first time you will be prompted to go through the TaxCalc Hub Setup Wizard. This article will walk you through this first time Wizard to ensure the program is correctly configured. You do not need to complete the information in the wizard and can simply click...
rating 21 Mar, 2019 Views: 449
How do I complete a tax return for someone who has died?
If you are completing a return for someone who has died, there are two alternative methods of completion depending on the actions that have been completed in communicating with HMRC. If you have called HMRC and advised them of the death and informed them that you will be acting as a personal...
rating 21 Mar, 2019 Views: 17223
Moving TaxCalc to a new computer (Individual, Partnership and Limited Company users)
On the Old PC Before starting you should know the location of the data files. Start the TaxCalc program and select a file within an appropriate year. The file location will be shown in the ‘File Info’ at the bottom of the screen. ​ In the example shown above, the information for...
rating 21 Mar, 2019 Views: 15010
How do I use excess pension contribution allowance carried forward from previous years?
TaxCalc automatically offsets your pension contribution allowance against your pension contributions for the current year. If there's an excess, you can bring forward any unused allowance from the previous three years (starting with the oldest year) and offset this against the excess. For...
rating 21 Mar, 2019 Views: 1305
How to use HMRC Self assessment APIs for practice
What are APIs? HMRC have provided a method of obtaining information relevant to the completion of a Tax Return called Application Program Interfaces or APIs. This is the first part of their overall Digital transformation project known as Making Tax Digital. Not a practice? The following...
rating 21 Mar, 2019 Views: 5494
Restricted Finance Costs from Property Income
Restricted Finance Costs from Property Income From 6 April 2017, new rules were introduced to restrict deductions from property income for finance costs for residential properties for individuals . The measure was introduced is to restrict relief for finance costs to the basic rate of income tax...
rating 21 Mar, 2019 Views: 184
Generating message keeps appearing on the Tax Return
When adding a large number of assets (more than 20 or so) into the Capital Gains pages, users sometimes report the return displays a recurring message stating that the return is being generated which can then slowdown the process of creating the return. We have found that increasing the interval...
rating 21 Mar, 2019 Views: 99
Why am I not receiving tax relief for my pension contributions?
You'll only see tax relief for your pension contributions if you pay tax at the higher rate. You make pension contributions net of basic tax. If you are a basic rate taxpayer, you receive tax relief in the form of HMRC topping up your payment by 20%. You get the tax relief automatically if...
rating 21 Mar, 2019 Views: 1564
Quick access via the cog menu
TaxCalc includes a cog menu that you can access from many screens within TaxCalc. This allows you to jump into other applications, access tasks and add notes to a client without navigating to a different area. When the cog menu is accessible it's shown at the top right of the screen, below the...
rating 21 Mar, 2019 Views: 294
Getting started user guide (Practice Customers)
This guide gives you an overall picture on how to create new clients, set up the application and get started with Tax Return Production and Accounts . PLEASE NOTE: This article only contains basic information. Please contact support if you are unsure about any steps or need to do something...
rating 21 Mar, 2019 Views: 2011
How do I find a missing file? (Individual, Partnership and Limited Company users)
When using TaxCalc's Individual, Partnership and Limited Company range of products, all returns that you create are stored on your local machine as return files. The files will be named with the following extensions: Individual – .tcsXX (where XX is the relevant tax year – for example...
rating 21 Mar, 2019 Views: 6466
How do I complete a return for a foster carer?
Use HMRC Forms mode to complete a tax return for a foster carer. Refer to the HMRC helpsheet on foster carers to guide you through the tax return as it gives useful scenarios and advice on calculating tax liability. Instructions on completing the self employment pages are on page 2 of this...
rating 21 Mar, 2019 Views: 12073
What tax years can I file online?
Self Assessment Your Self Assessment Tax Return (SA100, SA800, SA900) normally has to be (completed and submitted to HM Revenue and Customs) by 31 October following the tax year end (5 April) if you file on paper, or by 31 January following the tax year end if you file online. So the 2019 tax...
rating 21 Mar, 2019 Views: 2156
Where do I enter interest received from payment protection insurance (PPI)?
To declare interest received from payment protection insurance (PPI), go to the Any Other UK interest section of the tax return. SimpleStep mode Go to Other income > Savings and investments > Any other UK interest. Enter the relevant information in the boxes. HMRC Forms mode Go to...
rating 21 Mar, 2019 Views: 6026
How do I complete a CT600 for a property company? (Business users)
To complete a CT600 for a property company, follow these steps: Open the CT600. Go to Company Type (SimpleStep mode) or Information (HMRC Forms mode). Tick the box labelled Should the company be taxed as a Property Business (formerly Schedule A)? Open the Tax Adjusted Profit/(Loss)...
rating 21 Mar, 2019 Views: 1080
How do I enter online filing credentials (Practice users)?
To enter/edit your Company details, address, email etc, follow these steps: Click on Help > Application Settings. Click on Firm Details on the left. Double click on Main Office in the middle. Click on Contact Details. Enter the details as required on this page. Please Note: Main email is...
rating 21 Mar, 2019 Views: 3643
How to change the Advanced Display Settings within TaxCalc if the software does not display as expected
TaxCalc has updated some of the components it uses behind the scenes. On some machines with particular graphics cards/drivers, or on Terminal Server configurations, the program may not behave as expected. On others the default scaling on High DPI screens may not display according to the user's...
rating 21 Mar, 2019 Views: 2062
Why does the IRmark on a tax return change?
The IRmark on a tax return will change if you: make changes to the entries on the return remove a figure and re-enter it as it was before. Please note that when a software update is done, the IRmark could change. Please read the release notes before updating to see if this is the case. ...
rating 21 Mar, 2019 Views: 2922
TaxCalc display is too large after update.
In the late 2017/early 2018 update, TaxCalc utilised a new component which more closely adheres to the Microsoft usability guidelines for display purposes. However, we have found that due to the wide variety of hardware and software in use (and tweaked user settings) this may not always display as...
rating 21 Mar, 2019 Views: 346