Confirming our Spreadsheet, Income Tax and VAT Filing Functionality as part of our MTD Solution

When TaxCalc MTD was unveiled at Accountex, we reassured the accounting community that our MTD strategy would accommodate spreadsheet users to record transactions for compilation into an online quarterly submission for HMRC.

Following further announcements from HMRC regarding VAT compliance, we can confirm that our VAT Filer solution will also be ready for the submission of VAT returns under MTD.

Pre-population of Self Assessment Tax Returns Using HMRC APIs

As you may have heard in recent announcements, such as the one from our CEO Tracy Ebdon Poole Making Tax Digital for Business has been delayed. However, the ability for information to be automatically populated in a Self Assessment tax return is still pressing on. 

Having first written about this in early 2016, we thought it was time to update our customers as to the progress of this.

TaxCalc SmartPractice Seminars 2016 – bringing innovative thinking to your practice

At TaxCalc we are great believers in the value of innovation, especially in our rapidly-evolving, always-on digital world, where your clients and colleagues are rarely more than a few taps on a keyboard away.

We know that knowledge feeds innovation and better practices, which in turn helps to create a better, more efficient, and ultimately more successful accountancy practice.

Our SmartPractice Seminars are just one example of this commitment to supporting you, our customers by sharing our knowledge and providing information that actually makes a difference to your businesses.

Making Tax Digital - Consultation Documents

HMRC have now published their consultation documents on the Making Tax Digital (MTD) strategy. Covering six separate documents and totalling 243 pages, together they set out HMRC’s vision for the future for the UK’s tax system.

For some time now, we’ve been taking time to inform our customers of the key concepts behind Making Tax Digital: Digital Tax Accounts, Application Programming Interfaces (APIs) and Quarterly Updates. The consultations not only help explain these plans but introduce some new ideas not previously imagined.

We’ve dissected the first of the six documents and here are our high-level findings…

HMRC Making Tax Digital Update

It’s been almost two months since we last posted about HMRC’s Making Tax Digital strategy.

Due to matters such as the local elections and the EU Referendum, not an awful lot has happened since then. However, there have been a few matters of note arising…

New Addition to HMRC Government Gateway Security

As part of HMRC’s Making Tax Digital strategy, we have been expecting security improvements to be made to taxpayers’ access to their online accounts via the Government Gateway.

On 29 March 2016, HMRC introduced a new optional layer of security that introduces a mobile phone into the logging in process for Individual taxpayers…

HMRC Making Tax Digital – What You Need To Know

We received a number of emails and calls yesterday and today following a webinar presented by another company in our industry. The webinar purported to be in connection with HMRC’s Making Tax Digital strategy but turned out to be not much more than rouse to sell mobile app development services.

Unfortunately, its content rather unsettled the customers that contacted us, so I’ve written this blog to set out where the industry currently sits with the strategy and how it could affect practitioners and their firms…

We're delighted to announce the official launch of TaxCalc SmartPractice Seminars!

Taking place in four locations across the UK, these unique seminars will be providing the perfect balance between topical tax issues and TaxCalc future developments.

We'll be discussing the new HMRC Digital Tax Accounts, the impact of the new Dividend Tax, Practice Development, TaxCalc Cloud Connect and much more! 

Key reasons to attend: