TaxCalc - driven by Acorah Software

Many people now have trusts as part of Inheritance Tax planning or to benefit grandchildren. As a Trustee, you will need to complete a tax return for each trust. TaxCalc can be used to prepare any type of trust tax return, and TaxCalc will calculate any tax due and allow you to file the return online or by printing an HMRC approved return.

If a relative has died, you may also have to prepare a tax return for income arising to the estate whilst its administration is being completed. You can use TaxCalc to prepare the tax return for the estate and it will calculate the tax liability.

This product also includes six personal tax returns so the beneficiaries of a trust or estate can report any income received.

• 1 Trust tax return (SA900)
• 6 × Personal tax returns (SA100)
• All Supplementary Pages
• Simple roll forward of 2009 data
• Capital Allowances Module
• R40 Claim for Repayment / Unlimited R40 Claims for Repayments - Taxcalc Pro products only
• Lump Sum Wizards
• Company Car Tax Calculator
• SA901 Trust and Estate Trade
• SA901L Lloyds underwriters
• SA902 Trust & Estate Partnerships
• SA903 Land & Property
• SA904 Foreign
• SA905 Capital Gains Tax
• SA906 Non Residence
• SA907 Charities
• SA951 Tax calculation
• Import from other tax programs
• Export Summaries to Microsoft Word or Excel
• Password protect files
• Individually lock returns to prevent accidental change
• HMRC filing partner
• TaxCalc validation to check your return
• Anonymous Support Function — if you need our help, you can create an anonymous version of your client’s return and upload it directly and securely to your TaxCalc account for us to examine
• 'SimpleStep®' & 'Direct Form Entry' for all Individual, Partnership and Corporation modules
• Display Year on Year comparisons
• Context Sensitive Help via the 'F1' button on your keyboard
• Mark entries as provisional
• Payment on Account form (SA303)
• Automatic creation and attachment of CGT summaries where required
• Foreign Tax Credit Relief Calculations
• Non Residence Wizards
• Direct form entry for Capital Gains Tax
• MPs including Scottish, Welsh and Northern Ireland

For TaxCalc to run efficiently, please make sure you have the following Minimum System Specifications on your PC:

Operating Systems:

• Windows 98SE
• Windows ME
• Windows NT4
• Windows 2000
• Windows XP
• Windows Vista
• Windows 7

We advise that all appropriate Windows Updates are applied to your operating system. Please go to http://windowsupdate.microsoft.com for details.

You will need:

• Pentium II Processor (or compatible) with 450 MHz (or an 800MHz processor if running Windows Vista or Windows 7)

Memory Requirements:

• 128 MB of RAM for Windows 98SE or ME
• 256 MB of RAM for Windows 2000 or XP
• 512 MB of RAM for Windows Vista or 7

Display Requirements:

• 1024×768 or higher with 256 colours (or higher)

Disk Space:

• 100 Mb

Programs:

• Internet Explorer 6 or higher (Internet Explorer 8 recomended)
• Adobe Reader or Acrobat if you want to create a printable pdf document. Adobe Reader 9 is the latest and recommended version, click here to download for free.

You will also need:

• Inkjet Printer or Laser Printer if you want to file your return by post
• Internet Connection to run live TaxCalc Updates and to file your tax return on line.

Please be aware:

This is the Minimum system requirements for Taxcalc to run. Depending on other applications you are running and other unknown factors you may be required to have higher specification hardware than is detailed here (e.g. more RAM) to give you a more enjoyable experience of Taxcalc.

Other Operating Systems:

We do have some customers that run Windows emulation software to enable the use of Taxcalc on other Operating Systems (e.g. Mac OS). Although we have had some positive feedback on this we do not officially support the use of TaxCalc on Non-Windows Operating Systems at this time.