Est. Corporation Tax (20%) - New Corporation Tax Report

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1

The corporation tax estimate is now showing 20% instead of the correct rate of 19% on each of my affinity clients accounts

2

Thanks George. I’ll pass this on to the development to take a look.

3

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4

For Limited companies corporation tax rate has been 19% for years but QuickFile’s “Reports - Tax Summary” changed a few weeks from 19% to 20% for all my Affinity Ltd company clients.
I reported it then: Est. Corporation Tax (20%) but its still the same

This is a screen shot
Screenshot 2023-03-11 105006

6

Hello @George_H

I apologise for the delay with this

It’s still with the development team but I have chased for an update for you.

7

Hello @George_H

I have just hear back.

This should now have updated for you.

8

Thanks Steve, I’ve checked and corporation tax is now correctly showing 19%

9

Hi Steve, My year end was yesterday and today the corporation tax is showing 20% again (3rd time this has happened)

10

Hello @George_H

Apologies again

The development team are looking into this for you.

11

Hello @George_H

We have just released a new version of the report (for limited companies) to include new ledglesation updates.

It is available now in the software in Reports > All Reports > Corporation tax

https://support.quickfile.co.uk/t/corporation-tax-report/51834