TaxCalc Blog

Paul Evans joins TaxCalc as our new CEO

We are excited to announce that Paul Evans has joined TaxCalc as our new Chief Executive Officer. Paul’s arrival signals a pivotal moment as we continue to build on our reputation for delivering trusted, innovative solutions to accountants and tax professionals across the UK.

Private equity in accountancy: what does it mean for owners, partners, staff, and clients?

There’s been an explosion in Private Equity (PE) firms investing in accountancy practices over the last two years. 

And interest appears to remain high, judging by reports in the media, and industry research.  

According to a paper by Accountancy Europe, PE activity in the accountancy sector across Europe surged from 10 to 20 deals a year pre-2022 to about 200 in 2024. And the country leading the way? the UK – with 40% of the deals within that total being British firms. 

Indeed, a recent TaxCalc survey suggested 62% of firms had been approached by PE investors. 

July payments panic: how to help clients and avoid complaints

Has a client ever complained that you didn’t remind them about their July payment to HMRC?

While most clients are well aware of the January Self Assessment deadline, the second payment on account due by 31st July can sometimes slip under the radar - especially with summer holidays, school breaks, and general distractions. The result? Missed payments, HMRC fines, and interest charges.

MTD: first live submission completed via TaxCalc as customer hails ease of use.

TaxCalc has achieved another MTD milestone, as our first live quarterly submission of an update period successfully reached HMRC.

And the verdict is in: “In true TaxCalc style it was intuitive - needing no help or guidance to use.”

Those were the words of Robyn Milstead, Director of Tax at LKA Chartered Accountants, who was among our Beta testers. Robyn, a TaxCalc customer, made the submission using TaxCalc’s new MTD Quarterly Filer product.

Exciting News: TaxCalc Invests in engager.app

On 14th May, TaxCalc proudly announced a significant investment in Engager, the highly regarded browser-based Practice Management solution.

Engager will continue with its existing team remaining in place to deliver the features and functionality its users know and love. This new partnership with TaxCalc will accelerate development and enable deep integration between the two popular platforms.

10 essential items of information you need for Self Assessment (and where to find them)

Filing a Self Assessment tax return can seem daunting, so it makes sense to gather all the necessary information before you start. In our latest blog, we list the most common items you’ll need and provide advice on where to find them.

The benefits of submitting your Self Assessment tax return early

Filing your self-assessment tax return might not be the most exciting task on your to-do list, but submitting it early comes with several significant advantages. Whether you're self-employed, a landlord, or have other income that requires a self-assessment, getting it done well before the January 31st deadline can save you time, money, and stress. Here are the key benefits of filing your tax return early.

Debunking common myths surrounding Self Assessment tax returns

Filing a self-assessment tax return is a task that many dread, often because of the myths and misconceptions surrounding the process. These myths can lead to unnecessary stress, missed deadlines, and even financial penalties. To help clear up some of the confusion, let’s debunk some of the most common myths about self-assessment tax returns.