Corporation Tax Lite (powered by Abacus)

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Sage is delighted to announce the launch of a new entry-level corporation tax software. New Sage Corporation Tax Lite (powered by Abacus) is designed for straight-forward tax computations which require minimal data input enabling accountants to complete a large number of corporation tax returns quickly and easily.

Based on a familiar spreadsheet layout, but using a series of templates available through menu options or by using the client set-up wizard, the product eliminates the need for users to create their own schedules and yet it also has the flexibility to create additional worksheets for more complicated computations. By providing dynamic calculations and recalculations, this product will save considerable time and safeguard against errors

Sage Corporation Tax Lite (powered by Abacus) also makes it easy to compute capital allowances for

  • Expensive cars,
  • Industrial Buildings Allowances
  • Agricultural Buildings Allowances
  • Short Life Assets
  • General allowances.

    In addition to producing Inland Revenue approved Corporation Tax returns, the new entry level package provides a range of tracking and administrative features including database-driven management reporting using either standard reporting templates or by creating bespoke reports. All reports can also easily be exported into Microsoft Office applications.

    As with all of Sage's products for accountants, this new product allows easy data transfers from other Sage products including Sage Accounts Production and Sage Accounts Production Advanced. It also enables the user to file returns electronically via the Internet.

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