CCH Personal Tax
CCH Personal Tax: deliver high-quality tax work in the quickest possible time simplify and streamline every step in the tax return process, from data collection and data entry through to review, approval and online filing. Optimise every stage of the tax return and preparation process. The result? Fewer keystrokes, fewer mouse clicks and faster navigation throughout.
- Getting Started
- CCH Personal Tax allows tax returns to be completed in the shortest possible time so that your client's tax affairs can be dealt with quickly and efficiently.
- Preferences and Settings
- This section covers: Layout and Formatting, Default Settings for Trusts and Default Claim Details.
- Tax Settings
- This section covers: Bank and Select Lender, Common Tax Descriptions, Joint sources, Tax Notes and Tax Return Status.
- Linking Products
- This section covers 'Tax System Parameters and Client Tax Links' and 'Updates from CCH Accounts Production'
- Exporting/Importing CCH Personal Tax data
- Importing into and Exporting from CCH Personal Tax.
- Information Request
- Information Request automates the production of letters and schedules to send to clients requesting their Tax Return information. This section details the templates available and provides hints and tips for their use.
- Tax Return data entry
- Tax Return data entry
- Reducing Payments on Account and Statements of Account
- Allowances
- All Complete
- Benefits from Pre-Owned Assets
- Business Tax
- Capital Gains
- Capital receipts from a non resident trust
- Charities
- Disclosure of Tax Avoidance Schemes
- Employment
- Estimated
- Farmers Averaging
- Foreign
- How to use the Select Pension Provider Window
- How to Use the Select Provider Window
- Interest
- Interest paid on qualifying loans
- Investments
- Land and Property
- Life Insurance Gains
- Lloyd's Underwriters
- Losses
- Maintenance or Alimony Payments
- NIC adjustments
- Opening Tax Return Sections
- Payments to a Trade Union for death benefits
- Pensions
- Post Cessation Expenses
- Repayment Claim
- Residence, Remittance Basis etc
- Reviewed
- Share Schemes
- Tax Return Other Information
- Tax Payments / Repayments
- Tax Return Data Entry: Disclosure Notes
- To nominate a Charity
- To receive the Repayment yourself or to add a Nominee
- Trade Annuities and Patent Royalties
- Trusts
- Widows and Orphans
- Making Tax Digital
- As part of the Making Tax Digital program, HMRC are providing the ability to surface information they hold on an individual within tax software. This information is being surfaced to aid with Tax Return preparation. To make use of this new function, setup is required to enable a new configuration key, authorise agent credentials, and set task permissions. These are detailed in the System Administrator and Setup section.
- Tax Workflow (Legacy)
- Workflows (Legacy) contain templates that define how and in what order tasks are completed. They allow you to take control of the intricate processes involved in completing a tax return.
- Partnership Tax
- Entities created in CCH Central with the Contact Type Partnership or LLP will create SA800 tax returns.
- Creating / editing partners
- Add a New Partnership
- Open an Existing Partnership
- Add Taxed Income
- Add Partnership Trading Income (1)
- Add Partnership Trading Income (2)
- Add Property Income
- Add Partnership Untaxed Income
- About Disposals of Chargeable Assets
- Partnership statement - partner share allocation
- How to Link the Partner Allocation Spreadsheets
- Add Overlap Relief on Untaxed Investment Income
- Edit Partnership Details
- Partnership
- Online Filing
- Before filing the tax return online you should ensure that there are no errors or exceptions. As you submit the tax return you are guided through the process through on-screen prompts, and you should select the appropriate option to successfully complete your submission. To submit tax returns online you need to add your agent credentials.
- CCH Statement Designer
- CCH Statement Designer enables automation, editing and management of statements.
- Tax Return Bundle
- The Tax Return Bundle is a feature of CCH Personal Tax which enables you to set up a pre-defined set of documents including the tax return, together with an automated covering letter, which you can then present to your client for approval. The letter can be designed to reflect your own style and branding, and can incorporate automated elements as well as free form paragraphs as your organisation requires.