Tax Tips and Tools Version 11 – 2011/12

LexisNexis Award Winner – Best Tax Software

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Inheritance tax and trust tax Income and Corporation tax Interactive Checklists Payroll and CIS tools Capital Gains Tax tools NI and tax credits tools Value added tax tools Administration and other tools

121 tools and calculators

Inheritance tax examples Tax credits examples Life assurance gains Tax relief of 222%? A tax rate of 2.6 million %?

Practical guides and case studies

  INHERITANCE TAX AND TRUST TOOLS  1 Inheritance Tax Calculator  2 IHT - Quoted Securities Valuation Tool  3 Estate Valuation Updated4 Trust Tax Calculators Updated     

Inheritance tax and trust tax

Income and Corporation Tax

  INCOME TAX AND CORPORATION TAX TOOLS  5 Car Tax Calculator Updated6 Fuel Benefit Checker Updated7 Car CO2 Emissions Listing Sheet  8 Interactive Mileage Expenses Calculator Updated9 Car Benefits v FPCS 2011/12 Updated10 Incorporation Issues Updated11 Incorporation Action Checklist Updated12 PreIncorporation Questionnaire Updated13 Incorporation Elections Updated14 Should I Incorporate? Updated15 Should I Incorporate - practical guides  16 Director’s Salary Letter NEW17 Corporation Tax Calculator Updated18 Disincorporation Updated19 Research & Development Tax Credits NEW20 Property - inside or outside a company? Updated21 Pension - company or personal contribution? Updated22 Trading Vehicle Assessor 2011/12 Updated

23 Deferred Tax Calculator Updated24 AddBacks Comparison Updated25 Dividend Taxation Updated26 Salary v Dividend calculator Updated27 Bonus v Dividend calculator Updated28 Effective Tax rates – profit extraction NEW29 Extraction of funds – grossing up calculator NEW30 Form 930 Updated31 Form 930 What If? Scenarios Updated32 Flat Rate Expenses Updated33 Lease buy or contract hire? Updated34 Visual Tax Planner Updated35 Admitting a Partner Updated36 Business Records Check – awareness flyer NEW37 Business Records Check – online resources links NEW38 Change of Accounting Date Updated39 Pension Planning Letter Updated40 Pension- Certificate of Earnings Updated41 Higher Rate Pension Relief Calculator (pre 5.4.11)  42 Maximum Pension Contributions (2011/12 conts) NEW43 Salary Sacrifice? Updated44 Gift Aid Summary Updated45 UITF Spreading Calculator  46 UTR Validator  47 Farming Losses Calculator  48 Use of Home as Office Calculator  49 Furnished Holiday Lettings – Interactive PDF NEW50 Furnished Holiday Lettings – Data recording NEW51 Maximum AIA calculators (2 models) NEW

Income and Corporation Tax

  INTERACTIVE CHECKLISTS  52 Internal Interactive Tax Checklist – Income Tax Updated53 Internal Interactive Corporation Tax Checklist Updated54 Internal Interactive PAYE Review Tool Updated55 Internal Interactive VAT Review Tool Updated56 Internal Interactive Business Records Checklist NEW57 Internal Interactive Pre Year End Meet Checklist NEW

Interactive Checklists

  PAYROLL AND CIS TOOLS  58 Systemising payroll - Payroll engagement letter Updated59 Systemising the Payroll Function  60 Payslip  61 Systemising payroll - Payroll and CIS costing  62 CIS Payment Sheets Updated63 Payroll Checker – annual Updated64 Payroll Calculator – Weekly/Monthly NEW65 Pay - Net to Gross Calculator Updated66 PAYE Settlement Calculator Updated67 P35 Interactive PDF NEW68 P35 Standard Letters – post/email/portal NEW69 IR35 Deemed Salary Calculator Updated70 PAYE Penalties  

Payroll and CIS tools

  NI AND TAX CREDITS TOOLS  71 Class 4 NI Losses Updated72 Maximum NI Calculator-employed & self

employed 

73 Maximum NI Calculator (New version) NEW74 Tax Credits 2010/11 (actual) NEW75 Tax Credits 2011/12 (provisional) NEW76 Tax Credits - Trading Losses Updated77 Pension Credits Updated

NI and tax credits tools

  CAPITAL GAINS TAX AND SDLT TOOLS  78 CGT Indexation Calculator  79 CGT Taper Relief / Entrepreneur Relief Calculator Updated80 CGT Lease Premium Calculator  81 Entrepreneur’s Relief Tracker Updated

Capital Gains tools

  VALUE ADDED TAX TOOLS  82 VAT Registration Limits Tool Updated83 VAT Summary Working Papers Updated84 VAT Annual Scheme (1) Calculator Updated85 VAT Flat Rate Scheme Calculator  86 VAT Scale Charges Calculator Updated87 VAT Registration Number Validator  88 VAT Relief for Bad Debts Updated89 VAT Relief for Bad Debts - Flat Rate Scheme  90 VAT Cash Accounting Calculation / Reconciliation Updated91 VAT Capital Goods Scheme Updated92 VAT – Ebay and Paypal Reconciliations  

Value Added Tax Tools

  ADMINISTRATIVE AND OTHER TOOLS  93 Tax Graphs Updated94 Tax Manager Updated95 VAT Tracker Updated96 Nil due PAYE Database NEW97 CIS Monthly Filing Tracker NEW98 Tax Reviewer Updated99 Tax Routing Sheet Updated100

Tax Liabilities Sheet Updated

101

Tax Liabilities (Graphical Summary) Updated

102

Year on Year Tax Liabilities Updated

103

Interest on Tax Calculator  

104

PITA Letters  

105

Key Dates (web based)  

106

Time Limits for Claims  

107

Personal Tax Organisers Updated

108

Tax Return Information (import to tax software) NEW

109

Client Help Sheet System Updated

110

Invisibles Menu of Services and Prices  

111

The 20+ steps to completing a Tax Return Updated

112

Tax Department - Lead generation  

113

Redundancy Calculator Updated

114

Student Loan Repayment Calculator  

115

Practice Assurance Compliance Review  

116

Small Business Rate Relief Calculator Updated

117

Audio Guide - Ideas to boost your tax practice  

Administration Tools

  MIND MAPS  118

Higher rate taxpayer? Updated

119

Tax planning opportunities Updated

120

Tax Efficient remuneration Updated

121

Extracting profit Updated

Mind Maps

Compares the costs for an employee having a company car / private fuel to using own car and being paid mileage allowance

Compares the cost to the company of providing a company car or paying additional salary and mileage allowance

Car tax calculator

Car tax calculator

Car tax calculator

Should I incorporate?

Salary v Dividend

Pension Allowance Calculator

Maximum NI Calculator

Tax Credits Calculator

Payroll Checker

Net to Gross Pay Calculator

VAT Flat Rate

VAT Scale Charge Calculator

Case Studies

Full tax calculations provided to back up the figures