Tax calculation software

Tax calculation software

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I seem to spend a lot of time calculating tax forecasts for my clients.  I find it quite useful to perform the calculations manually, but it does take a long time if they have lots of different income streams, dividends etc.

Can anyone recommend any software that would help with this task?

I currently use HMRC's own website for self-assessment tax returns, so I do not have any tax software myself which might have such a facility.

Many thanks.

Replies (11)

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By stratty
03rd Feb 2014 14:13

Spreadsheet

If you have moderate excel skills its simple to knock up an ad hoc calculator.

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By carnmores
03rd Feb 2014 16:50

why not use HMRC site for this as well

it seems madness not to as you use it for submission anyway , failing that do as stratty says or go to tax calculators on HMRC site , there was one there oor failing that try here http://www.uktaxcalculators.co.uk/   (not entirely sure PAs are correct and class IV?)

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By mikeyban
03rd Feb 2014 19:11

Legatio Ftax... Brilliant low cost tax return package...

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By carnmores
03rd Feb 2014 19:23

MICKEY

You have slightly missed the point

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Replying to Alex_T:
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By mikeyban
03rd Feb 2014 19:34

Why?

carnmores wrote:

You have slightly missed the point

Why have I missed the point?

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By carnmores
03rd Feb 2014 20:54

because he already has software he can use

it appears he wants a quick calculator and probably a free one as per my answer. this is your second recent plug for FTax so we know you like it , I wasn't mad on it when I sued it tho - I will have another look out of curiosity

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By mikeyban
03rd Feb 2014 21:21

What does 'sued it' mean?

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By carnmores
03rd Feb 2014 23:27

lol

used

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Kevin Salter
By Kevin Salter
04th Feb 2014 07:48

Tax Calculator

2020 Tax Tips and Tools has over 100 calculators-suggest wait for the 2014/15 version due for release in April......

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By carnmores
04th Feb 2014 10:55

and Kevin the price is?

£200 + , anyway keep up the good work its a great product

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By KWest
24th Feb 2014 12:36

Forecasting Corporation Tax

I use figurewizard for this for my SME clients. It forecasts profits, cash flow, vat and tax. The tax forecast is detailed showing rates and values for capital allowances, rates of tax and marginal relief when applicable breaking these down into tax periods where the financial year does not end on the 31st March. It doesn't cost the earth either.

http://www.figurewizard.com/Calculation_of_Corporation_Tax.html

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