STATUS: IN STOCK
Property Capital Gains Tax Calculator
This unique and intuitive program takes most of the work out of your property capital gains tax calculations. Simple and quick to use, it is recommended for anyone looking to significantly reduce their capital gains tax bill.
The latest edition incorporates ALL of the changes proposed in the Chancellor's March 2010 Budget Report.
All significant factors are covered including how the property has been used, for example if it has been used for residential use, business use or for rental income, and whether the property has been improved under your ownership. The calculator can also be used to carry out a number of 'What if?' calculations. This is very useful as you can work out the tax implications if you were to sell the property a few years down the line, not just in the current tax year.
What Does the Calculator Do?
- A special feature tells you how much better or worse off you will be if you delay your sale until the new regime comes into force.
- One day's difference in your sale date could save you thousands of pounds - the calculator will tell you just how much is at stake!
- Takes into account all personal circumstances and delivers tax planning advice which is tailored just for you.
- Provides both a detailed analysis of your tax situation, and a shorter more concise summary.
- Takes account of all capital gains tax reliefs and allowances such as Private Letting Relief, Principal Private Residence Exemption, Indexation and Taper Relief.
- Allows you to provide details of your other income and assets, and takes those into account when performing calculations.
- Deals with capital gains arising in future tax years using the most up to date forecasts of the future tax regime.
Computer Requirements
Microsoft Excel is required to run the calculator. OpenOffice.org produces free spreadsheet software which also seems to work fine. It is designed to be extremely user friendly, requiring you to only enter your own figures and a few simple details. A free helpdesk supplied in the users guide on the CD is available to help you if you run into difficulties.
About the Author
The author of the software is Carl Bayley BSc ACA. Carl's speciality is his ability to take the complex world of taxation and set it out in the kind of clear language that taxpayers can understand. Carl is also a regular contributor to TV programmes such as the BBC's It's Your Money programme and national newspaper articles on tax matters. He is a member of the governing Council of the Institute of Chartered Accountants in England and Wales.What You Will Receive
- A professionally produced CD-ROM, containing the software.
- A FREE copy of How to Save Tax, our comprehensive general tax guide, emailed immediately. Click here for more information.
- Cheap Postage - Our postage and packaging charge is just £1.95 no matter how many guides you buy. Orders are dispatched same day using Royal Mail.
- Buy with Confidence - Taxcafe uses Worldpay's renowned secure payment system.
