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TaxCalc branches out into corporation tax

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25th Dec 2005
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TaxCalc, the taxation wing of American software developer Intuit, is expanding its UK portfolio with a new corporation tax program.

TaxCalc made its first steps into software for tax advisers last year, when it release a "professional" edition of its TaxCalc self assessment package for individuals. The Pro edition achieved sales of between 1,000 and 1,500 and encouraged the company to add a version to help agents complete CT600 forms for their clients.

According to TaxCalc product manager Andy Hardy, the CT package will mirror the interface of the personal tax product, with a wizard-like "easy step" front-end to simplify data entry, a direct entry method where the user can type data straight into an on-screen form, or a split-screen combination of the two.

In the next few weeks, existing TaxCalc Pro customers will be sent trial versions of the corporation tax package. If they like what they see, they will be able to buy the application for £100 and use it to complete CT600s that are due by 1 October for companies with 31 December 2004 year ends.

Even before the product was officially released, Hardy said one accountant had been in touch asking to buy the corporation tax program unseen.

The Maidenhead-based TaxCalc development team is frequently asked by accountants and agents about its plans for integrating the tax products with the QuickBooks line of accounts software. The UK team is keen to move in this direction, said Hardy, but its progress is slowed somewhat by the need to work with the US-based QuickBooks development team.

"We're also looking to respond to customer feedback asking us to link with third party applications," Hardy said.

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