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Intuit TaxCalc 2004 review

Verdict

Mightier than the pen, TaxCalc makes filling in your self-assessment tax form a breeze, while calculating what tax you should pay in the process.

Review Date: 22 Jul 2004

Reviewed By: Tim Woodward

Price when reviewed: (£20 inc VAT); Upgrade N/A

Overall Rating
5 stars out of 6

PCPRO Recommended

You can also see precisely how much tax you're expected to pay and exactly how the software arrived at this amount. Thankfully, TaxCalc not only understands payments on account if these need to be made, but also takes into account any payments already made and brought forward from last year's form (if you used TaxCalc to calculate your tax liability in the previous financial year).

If all is well, the tax return form can be signed and sent to the Inland Revenue. Or, even better, you can lodge the form electronically across the Internet. Before you can file over the Internet you need to get a permanent user ID, password and Activation PIN from the Inland Revenue, but once these are in place TaxCalc does the rest.

There's no doubt that Intuit TaxCalc 2004 is far better than completing the forms by hand. You can edit mistakes as often as required and see exactly how much tax you're going to pay. More importantly, you can try 'what if' scenarios and, dare I say, use a little creative backwards-compatible bookkeeping to reduce your tax bill - well worth £20 of anyone's money.

Author: Tim Woodward

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