https://kb.taxcalc.com/ https://kb.taxcalc.com/index.php?View=entry&EntryID=2633 Below is a list of notable issues that have been reported in recent versions of TaxCalc since their release. Other issues may exist that have not yet been confirmed or investigated, or are trivial/cosmetic. This should be read in conjunction with... Thu, 02 Apr 2026 15:59:25 +0100 https://kb.taxcalc.com/index.php?View=entry&EntryID=2015 Below are the Release Notes for TaxCalc 2026 releases. Click to see the Release Notes for 2013-2019 > 2020-2024 > 2025 Please note we phase releases out so you may not see this available straight away. TaxCalc Product Update - version... Fri, 27 Mar 2026 13:51:02 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=911 You can't increase payments on account towards the following tax year – you can only reduce them. You can choose to pay more on account, but HMRC will only ask for the payment on account calculated in your statement. To reduce payments on... Fri, 27 Mar 2026 12:08:58 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=2324 The information you provide within the SA302 calculation will determine how much tax is due. This calculation will then apply any tax already deducted and leave you with a balancing payment (if there's any tax outstanding) or a repayment due (if... Thu, 26 Mar 2026 16:09:43 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=2231 If your accounts cover a period of more than 12 months, you'll need to complete the CT600 for two periods, as follows: Prepare the accounts for the full period and generate an XBRL version or PDF-with explanation (if required). Apportion the... Thu, 26 Mar 2026 16:09:28 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=2256 You can only switch to a summary breakdown of expenses in your SA800 partnership return if turnover is below the threshold for declaring income on the Full Form. The business threshold for 2025-26 is £90,000. To switch to a summary breakdown you... Thu, 26 Mar 2026 16:09:13 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=786 To enter payments on account, go to the Payments on account section using SimpleStep or HMRC Forms. SimpleStep mode Working out your tax > Payments on account for 2025-26 HMRC Forms mode Tax Calculation > Payments on account > Box 10... Thu, 26 Mar 2026 16:08:12 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=3321 Changes to Class 2 NIC thresholds For tax years 2022/23 and 2023/24, you needed to pay Class 2 NIC if your profits were above the Lower Profits Limit. For 2025/26 onwards, if your profits are above the Small Profits Threshold (£6,845) Class 2... Thu, 26 Mar 2026 16:04:58 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=863 If, after making a successful submission, you need to make changes and file an amended return. Please see the video tutorial for a walk through of the process. Alternatively, please follow these written steps: Make your corrections. Click... Thu, 26 Mar 2026 16:04:45 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=787 You'll usually have to make two payments on account for the current year's tax: One by 31 January in the current year. One by the following 31 July. Each payment is half of the tax due for the previous year. For example, for the tax year... Thu, 26 Mar 2026 16:04:27 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=2216 On the Old PC Before starting you should know the location of the data files. Start the TaxCalc program and select a file within an appropriate year. The file location will be shown in the ‘File Info’ at the bottom of the screen. ​ ... Thu, 26 Mar 2026 16:04:12 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=3082 When should I use the annual pension allowance wizard? If your total pension contributions are close to exceeding your annual pension allowance and/or your pension allowance is likely to be tapered, you can use the wizard to: Calculate excess... Thu, 26 Mar 2026 16:03:23 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=3113 How do I use the Annual Pension Allowance details wizard for defined benefit schemes? Whilst our wizard refers to terminology for defined contribution pension schemes, it can be used to determine the annual allowance and any resulting pension tax... Thu, 26 Mar 2026 16:03:08 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=2227 If you have disposed of Enterprise Investment Scheme shares in 2025/26 , you should complete the capital gains summary pages and attach your calculations if: your total sales proceeds from all assets were worth more than £50,000 your... Thu, 26 Mar 2026 16:02:42 +0000 https://kb.taxcalc.com/index.php?View=entry&EntryID=2112 Any unused Capital Gains Tax losses from previous years that are carried forward have to be used against the first available capital gains. This means that you can reduce your capital gains to the yearly allowance amount (£3,000 in 2025-26) and... Thu, 26 Mar 2026 16:02:29 +0000