Meet the Other Phone. Child-safe in minutes.

Meet the Other Phone.
Child-safe in minutes.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Personal tax software that calculates liability as you go

4 replies

JontyDoggle37 · 26/01/2018 07:01

Ladies, I need your help. My accounts are doing my head in. I have income from three separate companies (mix of salary and dividends) and a Property and what I’m desperate to do is make sure I’m saving enough tax as I go, to not get a nasty shock at the end of the year. Is there an accounting package out there that I can put my personal allowance into, add all my different types of income and expenses as I go and it will give me running total of my tax liability - and for instance, how much of each dividend payment I receive will go as tax, so I can sock thatvstraight into the savings account?
Hopefully you all have better knowledge of what’s available than me!!

OP posts:
Kazzyhoward · 26/01/2018 10:41

The taxpert tax app is the best I've seen for calculating tax liabilities from multiple sources. But it's just a "one figure" per box type spreadsheet, so you'd need another to add up your incomes from each source for each type of income, then regularly update the taxpert spreadsheet with your up to date totals.

www.absolutetax.co.uk/products/absolute-taxpert-apps

AnakinCyberwalker · 26/01/2018 13:18

TaxCalc. I've used it for over a decade.

TalkinPeace · 26/01/2018 13:25

I use the big Accountants version of Taxcalc and love it.
Solid, well supported accurate software.
My version even has a "scenario builder" in it for income projections
I assume that the single user version has it too

AnakinCyberwalker · 26/01/2018 13:43

You buy the what if and dividend database add-ons to the basic individual software. Less than £50 for the lot.

New posts on this thread. Refresh page