We are happy to announce that in this update we have introduced Making Tax Digital for Income Tax for Self-Employed and UK Property businesses quarterly returns under the consolidated expenses/3 line accounting option and the supporting report for Self-Employed businesses; Practice Details Default Template functionality to remove a previously selected one; FRS 102 Revenue Accounting models for Charity and LLP templates; FRS 102 Lease Accounting model for the Credit Union template; enhanced Letter of Engagement/Representation templates for Companies and IAASA audit report updates for changes on Income Tax disclosure for Irish Audited Companies.

This update includes MTDfIT quarterly returns for Self-Employed and UK Property businesses using consolidated expenses/3-line accounting, plus supporting reports for Self-Employed businesses; Practice Details Default Template removal functionality; FRS 102 Revenue Accounting models for Charity and LLP templates; FRS 102 Lease Accounting model for Credit Union template; enhanced Letter of Engagement/Representation templates for Companies; and IAASA audit report updates for Income Tax disclosure in Irish Audited Companies.

FRS 102 Revenue & Lease Accounting Updates - For more details, click Here

Company Letters of Engagement and Representation (UK & Republic of Ireland) - For more details, click Here

Using Simplified 3-Line Accounting for Self-Employed MTD ITSA Quarterly Returns - For more details, click Here

Using Simplified 3-Line Accounting for UK Property MTD ITSA Quarterly Returns - For more details, click Here