creating a tax return

THE
GUIDE TO
CREATING A TAX
RETURN
TaxCalc can produce tax returns for multiple tax years. Currently it
supports the 2013-2014, 2012-2013 and 2011-2012 tax years for
Income Tax and years dating back to 2007 for Corporation Tax.
TaxCalc uses a client record to store static information about the
client, which is then used to create the tax returns.
BEFORE WE START
Client Records
In order to create a tax return, you need to set up a client record in Client Hub.
There are two ways to do this:
1.
2.
Import a TaxCalc 2012 tax return.
Set up a client from scratch.
Please visit our website to find SimpleStep guides on each of the above.
TaxCalc 2013 onwards
If you have already set up a client during the 2012-2013 tax year, you don’t need
to do anything to your client record, you can simply carry on as normal.
STEP
1
Log into TaxCalc as the Admin User
Open TaxCalc and log into TaxCalc with your user account.
STEP
2
Open the Client Hub Application
One way of getting to your client record is to find it in the Client Hub application.
Click on it to open.
STEP
3
Choose your client
When the Client Hub application opens, it will look like the screen below.
Select your client simply by clicking on it once.
What happens if I double click?
If you double click on a client’s name in the table, you will open up their detailed record in
the database. Here you will find name, address, AML, relationship and other information
about them.
You can close the client record by clicking on the cross on its tab (just like a web browser).
STEP
4
Open the Client in Tax Return Production
With the client selected, click on the Open in Tax Return Production command,
found on the left hand side of the screen.
A window will appear that talks about choosing a tax year.
STEP
5
Create a new Tax Return
To create a new tax return, click on the New Return button.
A new window will pop up, which will look like the screen below.
This window allows you to choose the type of tax return that you want to create for the client.
With Individuals, you can create SA100 Individual returns and R40 Repayment forms.
You can also choose the tax year of the return that you want to create.
If a tax return exists for the previous year, you can choose whether you would like to roll forward
information.
Select Create to create the tax return.
STEP
6
Open the Return
You will return to the window that shows you the tax returns that have been
created for your client. You will see the new tax return in the table of tax returns.
The tax return should already be selected but if not, simply click on it once
to select it.
Click on the Open button to open the tax return. Double clicking on the return will also open it.
Once opened, you’ll find TaxCalc works like it always has.
Other Ways of Creating and Opening a Tax Return
You do not always need to go through Client Hub to create and open a tax return.
From the TaxCalc Hub home screen
When you have the TaxCalc Hub Home screen open, simply click on the Tax Return
Production icon.
A window, not too dissimilar from the client list in Client Hub will appear.
Select a client from the list and then click on the Continue button.
The window will change to show you the tax returns that have been created
for this client.
You can create a tax return as per Step 5 in this Guide or simply open it to
carry on working on the return.
Using the Action Buttons
Most windows have an Action button, which is the icon that looks like a cog towards
the top right of the window.
If you click on it, you will see actions that you can perform, which include quickly opening
another client, another tax year or opening the client in another TaxCalc application.
Help for all TaxCalc products can be found in our Knowledge Base at www.taxcalc.com/support
If you require further assistance please contact our Support Team:
Email: [email protected] Phone: 0845 5190 882
Copyright © 2014 Acorah Software Products Limited. All Rights Reserved.
TaxCalc and SimpleStep are registered trademarks of Acorah Software Products Limited.
Unauthorised use of these marks is strictly prohibited.