|
The timetotrade tax management system has been developed to meet the needs of today's private investor, providing you with the tools you need to manage your investment tax planning and determine your Capital Gains Tax liabilities.
Capital Gains Tax Calculator
With timetotrade you simply enter details of all of your share and fund (unit trust / OEIC) investment transactions via an easy to use ledger interface and the system instantly calculates your combined Capital Gains:
So you always know exactly where you stand.
UK HMRC Forms SA108 and Form 185 (New)
timetotrade will help you to determine your combined Capital Gains at a glance.
The new timetotrade system automatically completes Forms SA108 and Form 185 (New), ready for you to print and provides you with the supplementary calculations in a pdf format - ready for you to submit along with your completed UK HMRC Capital Gains Tax Form SA108, as now required by HMRC.
The calculator supports the new post April 2008 Capital Gains Tax Regime, including the new share matching and share pooling rules, as well as pre-2008 Share Identification rules, indexation for pre-1998 holdings, business and non-business taper relief and offsetting current and brought forward losses against gains to determine your capital gains.
All in one place...
The Capital Gains Tax pages provide a summary of your overall Capital Gains liability, with a full detailed breakdown of Realised Chargeable Gains and Losses for each disposal.
The system uses UK HMRC share identification rules and calculates any indexation allowance due on disposals of assets aquired prior to April 1998, along with applicable business and non-business taper rates to determine your taxable gains.
As timetotrade is web-based, any legislative changes are automatically incorporated into the system, so you don't need to worry about keeping track of software updates or downloading the latest tax utility. We take care of all of that for you.
Dividend & Interest Reports
timetotrade's Income Tax pages provide you with a consolidated report of your total interest and dividends received from your investments, presented in a format to help you complete Self Assessment Form SA100 as required by HMRC.
Anytime, Anywhere Access to your Accounts
timetotrade has been designed to be accessed from any computer, mobile phone or PDA that has an internet browser. That means it works with the following types of operating systems:
timetotrade has also been tested with a variety of internet browsers that include:
- Internet Explorer
- Firefox
- Safari
- Opera
You can access timetotrade from any computer that has internet access and we take care of all the important stuff like ensuring your data is backed up every day and stored securely. So no more downloads, executable files, or lost data from computer crashes.
Demo
We have set up a Demo Account, so you can see the Capital Gains Tax Calculator and SA108 generator in action: Demo Account
Or telephone our customer support helpline +44 (0) 1273 624 333 and we will happily arrange an online demonstration for you.
Disclaimer:
The timetotrade Tax Management system is intended for use within the United Kingdom only. Whilst Sensatus has made its best endeavours to ensure that tax computations are correct, computations are based on a set of assumptions and do not cover all scenarios. The system does not and cannot verify the accuracy of the material entered or calculate tax liability definitively. Before using any of the content provided for the completion of HMRC tax returns or other purposes, you must consult with a professional tax advisor.
|