TaxCalc Blog

TaxCalc Sponsor Self Assessment Season in Association with Accounting Web

TaxCalc has teamed up with Accountingweb.com for the third year running to assist accountants during the busy self assessment season.

We’ll be supporting all self assessment coverage and providing you with guides, top tips and advice to help practitioners power on through.

TaxCalc Shortlisted for Best Practice Software

TaxCalc are delighted to have been shortlisted for ‘Practice Software Product of the Year’ for the second year running at The British Accountancy Awards 2015.

The awards ceremony will take place on Tuesday 24 November at The Brewery in East London.

We’ll keep you updated on the night via our social media channels.

Fantastic Day at The Bookkeepers Summit 2015

TaxCalc had a fantastic day exhibiting at The Bookkeepers Summit on Monday 12^th October held at The Queen Elizabeth Conference Centre in London.

Hello!

Welcome to the new TaxCalc blog. Our digital voice and direct communication channel to you. This is where we’ll talk to you about any new products and services we have to offer, comment on timely industry news topics, discuss market trends and share company initiatives, letting our corporate ethos and brand personality shine through. We look forward to your comments and feedback.

The Digital Tax Account Explained

Back in the March Budget, the Chancellor of the Exchequer, George Osborne, announced that the tax return would be replaced by a Digital Tax Account by the end of this parliament. As is often the case with Government policy, such broad statements don’t have any immediate substance to them apart from a few broad concepts.

Over the six months that have followed, HMRC have been beavering away at working out what a Digital Tax Account should look like and how it should work. We have been fortunate to be part of this and have helped to shape this development.

Bit by bit, the picture of how the Digital Tax Account will work has become increasingly more clear and now we can finally begin to explain how some of this will work.

New Look TaxCalc

It has been a busy twelve months at TaxCalc, not least within the creative department. Growth in all areas of the company had highlighted the urgent requirement for a new on-line presence. As Creative Projects Manager, I was charged with evolving the previous TaxCalc e-commerce site into the contemporary web solution that exists today.

As a Creative Marketer, I have come to realise that the most difficult project any creative department can work on is ones own company’s on-line marketing collateral. The successful implementation of any new solution would be dependent on fulfilling the needs and requirements of many different sections of the business, all with their distinct ‘must haves’. Also required would be a strongly branded, on-line solution that would appeal to all sectors of TaxCalc’s client base. From individuals to the largest accountancy practices, the full diversity of TaxCalc’s accounting software solutions needed to be showcased. Therefore analysing TaxCalc’s complex business and client requirements, the creative brief was born.

HMRC Publishes Response to Penalties Consultation

Back in February of this year, HMRC kicked off a public consultation on the penalties it issues to taxpayers and the reasons why. It’s highly likely that the UK tax regime will become more automated in the coming years and with it, so too will be the application of penalties.

Computers need rules to apply. But what should the new rules look like?

Curiously, the document showed that HMRC wanted to make itself look more fair in how penalties were determined and applied, rather than the hard-and-fast approach taken today.

TaxCalc Cloud Connect – Our approach to Cloud security

At Accountex in May of this year, we announced a new service for our practice customers called TaxCalc Cloud Connect. We're working on it right now and as its name might suggest, it will enable our software to connect to a database in the Cloud, rather than one found on a local computer or network server.

It’s actually a really big project for us. Unlike most of our releases, it doesn’t just touch on the software (which has been turbocharged to deal with latency caused by the Internet) but has required us to build a lot of supporting infrastructure, not just in physical assets such as servers, but in our website too.

Also, for the first time, we’ll be looking after your firm’s data. With this comes great responsibility and so we have sought to find a security model that provides peace of mind whilst not getting in the way.