Minimum Requirements for Personal Tax Pro and Corporation Tax Pro

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Server Side

  • SQL Server 2008 or 2008 Express Edition and Higher.
  • Windows Server 2003 and Higher.
  • 4GB Ram.
  • 2 GB Free Disk Space.

Desktop Side

  • Windows XP with SP2 or Higher.
  • .Net Framework 2.0.
  • 2 GB RAM.
  • Microsoft Office Desktop Edition 2003 or higher (for running various features within Program), can work without but these features. Mainly some reports will not function
  • Adobe Acrobat Reader 10.0 or higher.
  • Internet Connection – For Submission of Tax Returns Directly to Irish Revenue.

TaxPro CT Update Instructions

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After you have downloaded the TaxPro CT update, move it on to your desktop or other appropriate location. Do Not run it directly from the website, as it may be blocked by your security application. Make sure everyone has exited TaxPro CT before proceeding.

  • Double click on the Setup.exe file and click “Next” to move to the next screen.
  • Select the “I accept the agreement” option and then click on “Next”.
  • On the next screen you need to make sure the update is pointing to the correct location. It will automatically pick up the last location that TaxPro CT was opened from. If the location is not correct, click on the “Browse” button and navigate to the TaxproctSQL folder. When you are ready, click “Next”.

Please note that you must highlight the folder above the TaxproctSQL folder. For example, if the location of the TaxproctSQL folder is C:\ITSS\TaxproctSQL, then you should click on the ITSS folder, not the TaxproctSQL folder. If the update file detects that it is not pointing at the correct folder, a notification will be displayed and you will be given the opportunity to choose a different location.

  • Continue to click on next until you are given the option to update. Click on Update and the application will start updating the application.
  • When the update is complete, click on the Finish button to exit the update. The application will now be updated to the latest version.

ROS Agent Link

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The ROS Agent Link imports the Company Name, Tax Reference Number only.

  • ROS Agent Link can be accessed by clicking on the “ROS agent link”, under Quick Links at the bottom left of the application.
  • The first step is to synch your ROS client list. To do this, click on the “ROS connection/import clients” link, at the top left of the screen.
  • Select your digital certificate and enter your password to retrieve a list of all clients registered to your TAIN number on ROS.

Once completed you have the following sort options to choose from:

TaxPro CT client list

Display all clients already in TaxPro.

Registered on ROS

Shows all Display all clients associated to your TAIN Number on the ROS system.

Registered on ROS not in TaxPro CT

Display all clients associated to your TAIN Number that are not already setup in TaxPro. When comparing lists, the PPS Number for both self and spouse is compared.

In TaxPro not Registered on ROS

Shows all clients in your TaxPro database for whom you do not have valid registrations on ROS. You can then print off PAYE A1 or Agent link forms for all or specified clients by ticking or unticking the box.

To import new clients into the application, make sure that the Import tick box has been ticked for each client that you would like to import. Then, click on the Import button at the bottom left of the screen.

Minimum Requirements for Personal Tax Pro and Corporation Tax Pro

By | Corporation Tax News, Support | No Comments

Server Side

  • SQL Server 2008 or 2008 Express Edition and Higher.
  • Windows Server 2003 and Higher.
  • 4GB Ram.
  • 2 GB Free Disk Space.

Desktop Side

  • Windows XP with SP2 or Higher.
  • .Net Framework 2.0.
  • 2 GB RAM.
  • Microsoft Office Desktop Edition 2003 or higher (for running various features within Program), can work without but these features. Mainly some reports will not function
  • Adobe Acrobat Reader 10.0 or higher.
  • Internet Connection – For Submission of Tax Returns Directly to Irish Revenue.

Downloading the new Digital Cert from ROS

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Revenue require you to download the latest Digital Cert file. It is this new file that you need to use to upload Form 11’s to ROS, or import data into TaxPro PT. Please make sure you download the latest cert and copy it into the correct location. Below are instructions on how to do this.

  • Go To https://www.ros.ie/rcw/backupLogin/login and click on the “Manage my Certificates” link.
  • Click on the rounded arrow beneath “Backup”, for the digital cert you’d like to download.
  • Now click on the Backup button, and the new digital cert will begin to download.
  • When your digital cert is finished downloading, find it (most likely in your Downloads folder) and then move it to the appropriate folder. In most cases this is C:\ROS\ROSCerts. Where this is not the case, contact your IT Person or your ROS Certs Administrator to find out where it should go.
  • I’d also suggest you move the old certs to a new location, so they will not appear on TaxPro’s dropdown list when you are choosing your digital cert.

Personal Tax Pro Update Instruction

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After you have downloaded the TaxPro PT update file, move it on to your desktop or other appropriate location. Do Not run it directly from the website, as it may be blocked by your security application. Make sure everyone has exited TaxPro PT before proceeding.

  • Double click on the Update file and click “Next” to move to the next screen.
  • Select the “I accept the agreement” option and then click on “Next”.
  • You need to make sure the update is pointing to the correct location. It will automatically pick up the last location that TaxPro PT was opened from. If the location is not correct, click on the “Browse” button and navigate to the PTSQL folder. When you are ready click “Next”.

Please note that you must highlight the PTSQL folder. The update file will not allow you to update to any other folder. If this does happen, a notification will be displayed and you will be given the opportunity to choose a different location.

  • Click on the “Update” button to start the update.
  • Once the update is completed, click on the Finish button to close the update file.

ROS Agent Link

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The ROS Agent Link imports the Client Name, Surname and PPS number only. Use the ROS Import button in the Personal Details screen to import further data.

  • ROS Agent Link can be accessed by clicking on the “ROS agent link”, under Quick Links at the bottom left of the application.
  • The first step is to synch your ROS client list. To do this, click on the “ROS connection/import clients” link, at the top right of the screen.
  • Select your digital certificate and enter your password to retrieve a list of all clients registered to your TAIN number on ROS.

Once completed you have the following sort options to choose from:

TaxPro client list

Display all clients already in TaxPro.

Registered on ROS

Shows all Display all clients associated to your TAIN Number on the ROS system.

Registered on ROS not in TaxPro

Display all clients associated to your TAIN Number that are not already setup in TaxPro. When comparing lists, the PPS Number for both self and spouse is compared.

In TaxPro not Registered on ROS

Shows all clients in your TaxPro database for whom you do not have valid registrations on ROS. You can then print off PAYE A1 or Agent link forms for all or specified clients by ticking or unticking the box.

To import new clients into the application, make sure that the Import tick box has been ticked for each client that you would like to import. Then, click on the Import button at the bottom left of the screen.

Homecarers credit (Why is my client not getting the credit, even though they qualify for it?)

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When you claim the Homecarers credit your client will either:

Get the credit, and lose the increased standard rate band for married people

or

They will keep the increased standard rate band for married people, and not receive the credit.

They application will work out which is more beneficial for your client. If the spouse’s income is less than €3,600, then it is better for your client to get the credit. If the spouse’s income is equal to, or greater than, €3,600, then it is better for the client to keep the increased standard rate band for married people, and not get the credit.

Change of Marital Status (inc. How to claim the Year of Marriage credit, death of assessable spouse and non- assessable spouse)

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Single to Married: You cannot submit a Joint return in the year of marriage. In the Personal Details screen, change the Marital status to Married, but leave the Assessment type as Single. In the Marital Details section, tick the “Tick if a change in marital circumstance occurred within the tax year” tick box. Fill out the information for the “Enter date of new status”, “Select previous marital status” and “Select previous assessment type” fields.

You can enter Personal Details for the spouse, such as the Date of Birth, First name, Maiden name and PPS number, but any income information entered for the spouse will cause the ROS comp to return an error.

How to claim the Year of marriage credit: To claim the credit you need to compare the tax liabilities for the client as a single person and as a married person. To do this create a scratch pad client (this is an exact copy of the current client’s data, but it cannot be submitted to Revenue). You can find the “Switch to scratch pad mode” button on the Client Dashboard screen, in the Client Details section.

In the scratch pad client, enter all of the information for the spouse, including income, and change the Assessment type to Joint. Once that is done, run the comps to figure out the liability and then compare it to the liability for the client when they are singly assessed. If the married tax liability is more beneficial, then you would work out how much of that the client is entitled to, for the number of months he is married during the year, and then claim that amount as the Year of marriage credit. The Year of marriage credit screen is found under Tax credits and reliefs.

Married to Separated: In the Personal Details screen, change the Marital status to Separated. The Assessment type will default to Single. Enter the date of separation and the details for the change of marital status.

When you click on Save, to exit the personal details screen, you will be given the option to delete any income for the spouse. If you click on Yes, the application will remove the Spouse’s income information for you. Note: Any Joint income records will not be deleted, those records will be changed from Joint to Self.

Married to Widowed: When you change the Marital Status to Widowed, the Assessment type will automatically default to Single. Enter the details for the Date of death and the change of marital status details.

When you click on Save to exit the Personal detail screen, you will be prompted to remove any of the Spouse’s income data.

Death of Non-Assessable Spouse:

Other than entering the date of death and change of marital circumstances details, nothing will change in the tax year. In the next tax year, the spouse’s personal details can be removed.

Death of Assessable Spouse:

Do a return as normal up to the date of death. Enter info into the Deceased Individual section in Personal Details. Create a second return for the Non-Assessable spouse and make sure that marital status is set to Widowed.

Married to Divorced: Change the Marital status to Divorced and the Assessment type automatically defaults to Single. Remove any reference for the spouse and enter the change of marital status details.

When you click on Save to exit the Personal detail screen, you will be prompted to remove any of the Spouse’s income data.

53 Week Pay Year

By | Personal Tax News, Support | No Comments

Schedule E Mandatory Fields

ROS now require the following information to be provided for all Schedule E records (with the exception of Social Welfare Pensions, Non-PAYE Employments, Non-PAYE Pensions and Non-PAYE Foreign Employments).

  • Employers/Pension Providers PAYE Registered number (Company tax number in the Schedule E record).
  • Payment Frequency (Pay Frequency in the Schedule E record).
  • Does the P60 for this employment indicate there were 53 pay days in 2016? If there are 53 pay days (or more than 26 if paid fortnightly or more than 12 if paid every four weeks) the enter 53 as weeks worked in the Schedule E record). TaxPro assumes 52.

Computation changes to reflect Revenue practice

Income Tax

If the Schedule E record indicates there were 53 pay days in 2016 then the Schedule E Gross figure will be reduced depending on the pay frequency as follows:

  • If weekly paid then the gross income will be reduced by 1.5%.
  • If fortnightly paid then the gross income will be reduced by 3%.
  • If four-weekly paid then the gross income will be reduced by 6%.

If a client’s P60 shows Gross Income of €50,000 and if the P60 indicates there were 53 pay days in 2016, then the Gross Income to be included in the income tax computation will be reduced as follows:

  • If paid weekly the income is reduced by 1.5% to €49,250.
  • If paid fortnightly the income is reduced by 3% to €48,500.
  • If paid four-weekly the income is reduced by 6% to €47,000.

USC (The examples shown below use the bands for the 2016 tax year)

If the Schedule E record indicates there were 53 pay days in 2016 then the exemption limits and bands are increased depending on the pay frequency and the Gross Schedule E income subject to USC as follows:

  • If paid Weekly the exemption limit and bands may be increased by 1/52.
  • If paid forthightly the exemption limit and bands may be increased by 1/26.
  • If paid four-weekly the exemption limit and bands may be increased by 1/13.

Which bands are increased depends on Gross Schedule E income for USC purposes.

Weekly Paid

All normal bands may be increased by 1/52. Medical Card/Over 70 aggregate income is now €61,154 (€60,000 increased by 1/52).

If a clients Gross Schedule E income for USC purposes is €10,000 and the client had other income liable to USC of €60,000 the bands will be as normal. No increase in the bands apply as the Gross Schedule E income is below €12,243 (€12,012 increased by 1/52).

If a clients Gross Schedule E income for USC purposes is €15,000 and the client had other income liable to USC of €60,000 the bands will be as follows:

  • 1.5% on the first €12,243.
  • 3.5% on the next €6,656.
  • 7% on the next €51,376.
  • 8% on the balance.

If a clients Gross Schedule E income for USC purposes is €50,000 and the client had other income liable to USC of €60,000 the bands will be as follows:

  • 1.5% on the first €12,243.
  • 3.5% on the next €6,784.
  • 7% on the next €51,376.
  • 8% on the balance.

If a client’s Gross Schedule E income for USC purposes is €90,000 and the client had other income liable to USC of €60,000 the bands will be as follows:

  • 1.5% on the first €12,243.
  • 3.5% on the next €6,784.
  • 7% on the next €52,364.
  • 8% on the balance.

Fortnightly Paid

All normal bands may be increased by 1/26. Medical Card/Over 70 aggregate income is now €62,308 (€60,000 increased by 1/26).

If a clients Gross Schedule E income for USC purposes is €10,000 and the client had other income liable to USC of €60,000, the bands will be as normal. No increase in the bands apply as the Gross Schedule E income is below €12,474 (€12,012 increased by 1/26).

If a clients Gross Schedule E income for USC purposes is €15,000 and the client had other income liable to USC of €60,000 the bands will be as follows.

  • 1.5% on the first €12,474.
  • 3.5% on the next €6,656.
  • 7% on the next €51,376.
  • 8% on the balance.

If a clients Gross Schedule E income for USC purposes is €50,000 and the client had other income liable to USC of €60,000 the bands will be as follows:

  • 1.5% on the first €12,474.
  • 3.5% on the next €6,912.
  • 7% on the next €51,376.
  • 8% on the balance.

If a clients Gross Schedule E income for USC purposes is €90,000 and the client had other income liable to USC of €60,000, the bands will be as follows:

  • 1.5% on the first €12,474.
  • 3.5% on the next €6,912.
  • 7% on the next €53,352.
  • 8% on the balance.

Four Weekly Paid

All normal bands may be increased by 1/23. Medical Card/Over 70 aggregate income is now €64,616 (€60,000 increased by 1/13).

If a clients Gross Schedule E income for USC purposes is €10,000 and the client had other income liable to USC of €60,000 the bands will be as normal. No increase in the bands apply as the Gross Schedule E income is below €12,936 (€12,012 increased by 1/13).

If a clients Gross Schedule E income for USC purposes is €15,000 and the client had other income liable to USC of €60,000 the bands will be as follows:

  • 1.5% on the first €12,936.
  • 3.5% on the next €6,656.
  • 7% on the next €51,376.
  • 8% on the balance.

If a clients Gross Schedule E income for USC purposes is €50,000 and the client had other income liable to USC of €60,000 the bands will be as follows:

  • 1.5% on the first €12,936.
  • 3.5% on the next €7,168.
  • 7% on the next €51,376.
  • 8% on the balance.

If a clients Gross Schedule E income for USC purposes is €90,000 and the client had other income liable to USC of €60,000, the bands will be as follows:

  • 1.5% on the first €12,936.
  • 3.5% on the next €7,168.
  • 7% on the next €55,328.
  • 8% on the balance.