Members

Tax and Final Accounts SIG

Tax and Final Accounts Chairperson:
This SIG is Chaired by Andy Hardy, Development Director at TaxCalc.com.

Tax and Final Accounts Aims and Objectives:
The Tax and Final Accounts Specialist Interest Group has been set up to cover the following subjects:

HMRC Self Assessment
HMRC Corporation Tax
Companies House electronic filing
Companies House – Companies Act 2006
XBRL CT filing
HGMRC provision of Self Assessment Software

This SIG has been very active with the changes planned for 2008-9 Tax Yearf or Self Assessment.

The previous members of the Tax and Accounting Software Suppliers Association (TASSA) and BASDA joined forces to set up this SIG for Taxation Software so that maximum impact could be gained for influence on, and interaction with, relevant decision makers.

Tax and Final Accounts SIG is engaging with:
HMRC and Companies House (UK)

Tax and Final Accounts SIG — Who should get involved:
Any BASDA member who develops or sells tax and final accounts preparation software. Membership of, and participation in, this SIG will ensure that any new legislation or requirements are influenced to take into account the requirements of software development in the best interests of business end users.

Tax and Final Accounts SIG — Current Agenda and Successes:

BASDA has already had several meetings with the Government on key issues affecting this group of members. These include:
HMRC's provision of free software that competes with 3rd party software
HMRC's decision to use XBRL without consultation
HMRC's proposal to use PDF forms as 'legal' SA returns when substitute forms are removed in April 2008.
HMRC's inadequate test facilities.
HMRC's short lead times on changes to SA returns.
The survey conducted by the Working Together Group reflecting problems with electronic submission from 3rd party software.
Companies House planned changes for the new Companies Act – the largest piece of legislation in UK history.

The BASDA TASSA special interest group will continue to pursue, question and influence all issues that relate directly to the requirements of tax and final accounts software.

The next meeting is TBA. For more information email: lynne.wallis@basda.org