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Taxation

Capital Gains The Capital Gains section provides a detailed break down of the information required to ascertain and manage your tax liabilities based on the share transactions entered into your Ledgers. It provides a detailed breakdown of all realised gains and losses based on UK HMRC rules relating to share identification, indexation relief, taper rates and the allocation of losses. The information is presented in a format that is suitable for completing the UK Capital Gains tax return form SA108 and a message will be displayed if you are required to return SA108 to the UK HMRC. In addition to enabling you to quickly generate your Capital Gains tax returns, you can manage your tax liabilities by being able to view unused annual exemption losses and carried forward losses, plus view your resulting tax liability.

Income Tax The Income tax section provides a detailed breakdown of your Income tax liabilities in accordance with the UK HMRC taxation guidelines. The information is presented in a format that is suitable for helping you complete the UK Self Assessment Tax Return SA100.