Updates

Updates

Alphatax UK Autumn 2009 Edition Update (10.1.002 Lib 78.9) - updated 12/02/10

Note. This patch has been updated to include TCSLCT.EFL as per 10.1.000 (Lib 78.6).

  • E-filing changes
    • A small number of new diagnostic checks were introduced to pick up the new requirements of the e-filing schema published on 23 November 2009. An issue with these diagnostics appearing in previously completed computations has been corrected. Note that most of these diagnostics were in relation to niche areas; however the following diagnostic relating to group relief claims has been the most commonly reported: ‘A copy of the notice of consent to surrender must be supplied on Group information input statement if not a member of a Simplified Arrangements group’.
    • In rare instances when print previewing a computation Alphatax incorrectly generated a TCSL mark. The issue has been addressed in this patch.
    • We have amended the rules applying to CT600H (Cross Border Royalties) to enable successful submission where the rate of tax deducted and the amount of tax deducted are zero.
    • Problems viewing some sent files which were due to invalid characters in the file name path have been corrected.
  • Group
    • Where group relief surrenders are made from a loss making company with more than one loss type, it is possible to choose how much of each type of loss is being surrendered.
    • An issue with the posting of trade loss surrender allocations has been corrected.
    • Problems with values not displaying in the Group relief list have been corrected together. In addition issues with missing rows when printing the Group relief list have been resolved.
  • Miscellaneous changes
    • Overseas trade income - An issue with trade overseas income being incorrectly reported on the CT600 return when a computation was being done in foreign currency has been corrected.
    • Related overseas dividend template - An error in the calculation of EUFT in cell E59 of the Related overseas dividend template has been corrected. Note that this error was introduced in v10.1 when changes were made for the abolition of EUFT from 1 July 2009.
    • Footnotes – An issue with a footnote entered on trade losses brought forward appearing twice has been corrected.
    • Annual investment allowance (AIA) - AIA is not available in an accounting period in which qualifying activities cease. A diagnostic alerting users to this was appearing when it should not. This has been corrected.
    • R&D relief - A new ‘large SME’ definition was introduced on 1 August 2008 for R&D purposes. This means that in an accounting period straddling 1/8/08, it may be possible for a company to make a claim under both the SME and large company R&D schemes. Alphatax was incorrectly raising a diagnostic in such an AP where claims were being made under both schemes. This has now been corrected.
      Note however that claims under both schemes will still fail to e-file as HMRC are yet to update their internal rules to accept such submissions.
    • Share disposals – Where the first operative event entered is a disposal within 9 days of a purchase, a diagnostic relating to negative shareholdings was being raised. This has been corrected.
    • Tax categoriser – A few non-trade categories in the Trade section of the Tax categoriser were not appearing. This has been corrected.
    • Accounts Integration - When using Accounts Integration inside divisional computations, the Import Balances Audit Trail statements were not being consolidated into the main computation correctly. This has now been corrected.

Note. This update (10.1.002 Lib 78.9) includes the changes included in 10.1.000 (Lib 78.6).

Installation instructions

Note. You should only download from this site if you are the person authorised to update Alphatax within your organisation. You must be careful not to compromise the integrity of your system by causing a conflict between the versions of Alphatax used by different members of your organisation. Please verify that you have installed the Alphatax Autumn 2009 Edition CD (10.1.000 Lib 78.2). To check your version, run Alphatax and click on Help, About on the Menu bar.

  1. Ensure you have a backup of the Alphatax database or all your data files.
  2. Click here to download the update file to the same folder as you installed Alphatax (usually C: \Program Files\TCSL\TCSL Alphatax).
  3. Unzip the file to the same folder as you installed Alphatax.

    Note. By default the new e-filing schema is unzipped to the EFile subfolder. However, some organisations may have chosen to locate schema files in a different "TemplateParent" folder and, where this is the case, the SchmUK2009.xsd file should be copied manually from the EFile subfolder to the appropriate "TemplateParent" folder. To check whether a "TemplateParent" folder exists for your organisation, go to Help, About and click the Info button. If a "TemplateParent" folder has been defined, you will see the details in the Folders section of the Alphatax information dialog.

  4. Run Alphatax in the normal way and confirm the version is 10.1.002 (Library 78.9). (Help, About on the Menu bar).

We also have an InstallShield script to do a normal/silent update of the relevant files on the workstations from your server. If you would like this script, require any further information or if you experience any problems with the update, please contact Support on +44 (0)1784 410 229 or email support@taxcomputersystems.com. /p>

Alphatax UK Autumn 2009 Edition Update (10.1.000 Lib 78.6)

  • E-Filing schema changes effective 23 November 2009

    Shortly following the Autumn 2009 release, HMRC issued a revised E-Filing schema. These revisions corrected some limitations we had identified for the schema due to take effect from 23 November 2009, in particular the major faults for Group relief and EUFT surrenders on the CT600C form.

    Click here for the reduced list of outstanding limitations from 23 November.

    Unfortunately, the revisions to the HMRC schema have required changes to the Alphatax E-Filing submission file. Therefore, if you wish to e-file from 23 November, we highly recommend you should download this patch.

  • Miscellaneous changes

    • Plant and machinery pool. Where expenditure is incurred on cars in the Plant and machinery pool and an amount of the pool is disposed of in the same period, a TWDV transfer out figure was being produced equal to the disposal value less the TWDV brought forward. This has been corrected.
    • Management expense credits. For accounting periods beginning on or after 1 April 2008, Alphatax calculations were changed to treat management expense credits as taxable sundry income. An issue with loss offsets and tax accounting reconciliations has been corrected.
    • Interest calculation Report statement. A display issue which resulted in late and repayment rate columns displaying when they should not has been resolved.
    • Accounts analysis multi column Profit & Loss account. An issue with incorrect sub-totals displaying in report mode where multiple trade currencies are being used has been corrected.
    • Fixed assets cross-referencing. An issue with depreciation being incorrectly cross referenced where the new Accounts Analysis fixed asset report is being used has been corrected.
    • Overseas trade income - An issue with trade overseas income being incorrectly reported on the CT600 return when a computation was being done in foreign currency has been corrected.
    • Related overseas dividend template - An error in the calculation of EUFT in cell E59 of the Related overseas dividend template has been corrected. Note that this error was introduced in v10.1 when changes were made for the abolition of EUFT from 1 July 2009.
    • Footnotes – An issue with a footnote entered on trade losses brought forward appearing twice has been corrected.
    • Annual investment allowance (AIA) - AIA is not available in an accounting period in which qualifying activities cease. A diagnostic alerting users to this was appearing when it should not. This has been corrected.
    • R&D relief - A new ‘large SME’ definition was introduced on 1 August 2008 for R&D purposes. This means that in an accounting period straddling 1/8/08, it may be possible for a company to make a claim under both the SME and large company R&D schemes. Alphatax was incorrectly raising a diagnostic in such an AP where claims were being made under both schemes. This has now been corrected.
      Note however that claims under both schemes will still fail to e-file as HMRC are yet to update their internal rules to accept such submissions.
    • Share disposals – Where the first operative event entered is a disposal within 9 days of a purchase, a diagnostic relating to negative shareholdings was being raised. This has been corrected.
    • Tax categoriser –A few non-trade categories in the Trade section of the Tax categoriser were not appearing. This has been corrected.
    • Accounts Integration - When using Accounts Integration inside divisional computations, the Import Balances Audit Trail statements were not being consolidated into the main computation correctly. This has now been corrected.
    • Finance Act 2009 changes including the new tax treatment of foreign dividends, the worldwide debt cap and the new pool of field allowances for ring fence trades.
    • Changes to the CT600I (2009) in respect of the Supplementary charge calculation for ring fence trades.
    • Changes to Claims and elections to reflect the reduction of certain claim limits from six years to four years as per FA 2008 Sch 39.
    • Changes to support HMRC’s new XML e-filing schema which will replace the existing schema from 23 November 2009. As the new HMRC schema is not backwards-compatible, note that you must use this release of Alphatax to e-file after this date.
    • Other miscellaneous changes and bug fixes.

    • Alphatax UK Autumn Edition 2009 (v 10.1)

    Note. This update (10.1.002 Lib 78.9) includes the changes included in 10.1.000 (Lib 78.6)

    Installation instructions

    Note. You should only download from this site if you are the person authorised to update Alphatax within your organisation. You must be careful not to compromise the integrity of your system by causing a conflict between the versions of Alphatax used by different members of your organisation. Please verify that you have installed the Alphatax Autumn 2009 Edition CD (10.1.000 Lib 78.2). To check your version, run Alphatax and click on Help, About on the Menu bar.

    Welcome to the Alphatax UK Autumn Edition (v 10.1). This release includes the following enhancements:

    Click here to view or print the Release Notes for this edition.

    If you would like further information about any of the new functions and enhancements or if you experience any problems with the new release, please contact Support on +44 (0)1784 410 229 or email support@taxcomputersystems.com.

    Note. Alphalife has also been updated with relevant Finance Act 2009 changes and other enhancements. For details, refer to the Alphalife Release Notes for Autumn 2009. There are no changes to Alphacap since the Spring 2009 Edition.