DIGITA RELEASE BULLETIN - PERSONAL, BUSINESS AND TRUST TAX 24.0 UPDATE
We are pleased to announce the release of Digita Personal Tax 24.0 (build 18660)
This release includes the following:
- 2023/24 Tax return forms
- Investment zones structures and buildings capital allowances
- Top slicing relief:
- Updated calculation for top slicing relief for 2022/23 onwards to improve accuracy.
This may alter the computation of tax returns filed in the 2022/23 tax year, if this is the case, please review the tax return pages before unlocking it.
- Class 2 NIC for non-residents
- Removal of P11D form as HMRC no longer accepts paper based versions
- New TaxAwares
- Various bug fixes
- 2023/24 Basis period reform:
- Customers can now compute their clients' transition profits and the corresponding tax charge for the tax year 2023/24. The instructional content in the 'help' sections for both the Sole Trade and Partnership Income dialogs has been updated to include these new features. To aid in your familiarity with these updates, a series of educational resources, including video tutorials and articles, will be made available within the next few weeks. When the training materials are ready, you will be notified via a separate newswire.
- It is important to note that the current enhancements do not cover the basis period reform in relation to untaxed income for partners; this feature will be incorporated into the next compliance update for those who require it, due later this quarter. Additionally, there are some recognised issues concerning how the reform to basis periods affects the excluded income calculation, arising and remittance basis and the trading allowance. These issues will also be addressed in the subsequent compliance update for the Digita Personal Tax.
For further information on the new features, please open the Digita Personal Business and Trust Tax software and select Help | What's New.
Download
The latest release can be downloaded by clicking here: Download
Applying the Update
When installing the update, if needed, the installation guide can be found here.
Please ensure you backup your database using the Digita Database Backup tool before applying the update.
Before extracting the downloaded ZIP file, right click on the file and select Properties Click the 'Unblock' button if it exists. Then continue with the extract process prior to installation.
- For standalone installations: download and apply the update on the workstation where Digita Personal, Business and Trust Tax is installed.
- For network server and peer-to-peer installations: download and apply the update on the machine which is acting as the server. Once the server has been upgraded, the Auto-Node update process will automatically apply the update to each workstation (node) the next time the user logs into the software.
To verify that the update has taken effect, open the Digita Personal, Business and Trust Tax software and select Help | About Digita Personal, Business and Trust Tax. The dialog should show version 24.0 (Build 18660).
Digita Virtual Office
The release for DVO is planned for the weekend of 20-21 April.
Distribution
This bulletin has been sent to the Personal, Business and Trust Tax Newswire contact(s) in your firm. Please forward to Personal, Business and Trust Tax users as appropriate. If you would like to add or remove contacts from the bulletin distribution list, please provide details using this link.
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