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New Deferred Tax module assists in FRS 19 compliance

18th May 2005
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Award winning Digita Software from Thomson Reuters.

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Digita has announced that its Corporation Tax software now has an optional module to handle the increasing complexities of Deferred Tax.

This new module will further enhance the increasingly popular Digita CoTax Pro and will provide a number of benefits including the ability to calculate accelerated capital allowance automatically from data entered in the capital allowances and fixed asset reconciliation
The new module also allows balances to be rolled forward as well as dealing with both balance sheet and profit and loss calculations, providing a proof of tax.

Digita Product Manager Laura Brutti commented: 'There is very little user input so this module will save a lot of time. Digita CoTax Pro is very easy to use and will certainly take the pain out of the Non Corporate Distributions calculation.'

'We believe this software will help practitioners control costs by relieving the burden of Corporation Tax work.'
Digita CoTax Pro will be appearing at Digita's national roadshow in June. For more information call Digita Sales on 01395 270311 or visit www.digita.com/change/

Release issued on behalf of Digita by:
Proteus Media Limited
Matford Business Centre
Waterbridge Court
Matford Park Road
Exeter EX2 8ED

Tel: 01392 332833

[email protected]

For further information:
Jerry Rihll or Karen Green on 01395 270273 or Neil Devons, Proteus Media Limited on 01392 332833/07711 137787

Notes for Editors
Digita is a financial services technology company. Founded in 1986, the Digita team of more than sixty software specialists serves a professional client base that includes over 3,000 accountants.

Digita is the only UK software developer in the professional accountancy sector to be accredited by Microsoft with the 'designed for Windows XP' and authorised to use the logo.

Digita also provides consultancy and Internet services to the Inland Revenue, Bank of Ireland, Lexis Nexis Butterworths Tolley, NatWest Bank and other leading corporations.

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