Recommendations for online tax filing software?
Discussion
Are you sure that you can file an entire Trust Tax Return on line? Looking at the IR website a few days ago, they have a 12 page summary of the types of returns that CANNOT be returned on-line and a large element of the summary seemed to relate to trusts and trust income.
The Revenue will accept a paper return without penalty even now if the type of return or an aspect of a return is not covered by the Revenue's on-line filing system.
As ever, the government have introduced a half-baked system which only works for about 80% of cases.
The Revenue will accept a paper return without penalty even now if the type of return or an aspect of a return is not covered by the Revenue's on-line filing system.
As ever, the government have introduced a half-baked system which only works for about 80% of cases.
It is a pretty straightforward trust and form SA900 caters for it without needing any supplementary schedules. According to the HMRC website, trust returns can be submitted online using a number of third party software offerings. Having clicked through these, they all seem to charge, eg. Taxcalc want 30 pounds.
Was wondering if there are any reasonable ones with a demo mode I can use for a single trust return...
Was wondering if there are any reasonable ones with a demo mode I can use for a single trust return...
I don't do trust returns so have never looked at what is available. As a practising accountant, I use Iris software which is very good and does handle trusts- but it is very expensive.
Can't you just complete the return using the Revenue's own on screen pages?
If not, I think that it is grossly unfair for a compulsory on-line filing requirement to be introduced without the authority doing the enforcing not making it possible to fulfil the requirement without having to buy third party software.
Can't you just complete the return using the Revenue's own on screen pages?
If not, I think that it is grossly unfair for a compulsory on-line filing requirement to be introduced without the authority doing the enforcing not making it possible to fulfil the requirement without having to buy third party software.
Edited by Eric Mc on Sunday 11th January 13:45
As I said earlier, most tax software used by profesionals tends to have a Trust module included in the package. The problem is that these packages are pretty darn expensive. I use Iris which costs thousands every year. I'm not complaining, it's an excellent product without which I couldn't function.
But it's price is beyond the "single use" individual.
But it's price is beyond the "single use" individual.
Gassing Station | Business | Top of Page | What's New | My Stuff