Begin Data Entry
This area takes you through the data entry screens in CCH iFirm Personal Tax.
Last update: CCH IFirm Personal Tax
Removing linked Data
The document provides a brief guide on how to remove linked data in the Self Employment form by clicking the 'Unlink' button twice to confirm the action. An accompanying image illustrates the process.
CCH IFirm Personal Tax
UK dividends - Dividends from UK companies
This document provides instructions for entering dividends from UK companies in a tax management system. Users are guided to access the Dividends section, add company details, including name, description, date, and dividend details. It explains the process for modifying distribution types, adding multiple entries, and saving the information. A summary section is mentioned, which displays the compiled entries at the bottom of the screen.
CCH IFirm Personal Tax
UK Interest - Interest from banks
This document provides instructions for inputting bank interest information in the CCH iFirm Personal Tax system. Users should access the Interest from banks section via the left menu or Self Assessment screen, add bank/lender names and interest amounts, and have the option to add or delete entries. A summary of total interest received is displayed at the bottom of the screen. Users must save their changes by clicking the Save icon in the top right corner. Additional resources for data entry are also available.
CCH IFirm Personal Tax
UK Property - Ordinary property
The document provides instructions for entering property-related information in a tax assessment system. Users are guided to access the "Ordinary property" section, enter details such as the number of properties, rental income, expenses, tax adjustments, and finance costs. It also advises on adding property income allowances and provides a link for further information on data sources.
CCH IFirm Personal Tax
Tax return other information
This document provides instructions for accessing and managing the "Tax return other information" section within a tax return system. It details how to select employer references, manage client and HMRC addresses, and provides an overview of additional tabs for foreign tax credits, tax adviser details, taxpayer status, student loan plans, and declaration of signatory details. The document emphasizes that address changes will only affect the selected tax year.
CCH IFirm Personal Tax
Tax return additional options
The document provides instructions on managing data sources and tax returns within a software interface. Users can remove data sources by clicking the delete icon, mark data sources as finalized using the "Completed" tick box, and lock/unlock data sources or tax returns. Regular and Admin users can lock items, but only Admins can unlock them. Locked items are indicated by a padlock icon, and once locked, no changes can be made until they are unlocked. Instructions include clicking specific buttons for locking and unlocking actions.
CCH IFirm Personal Tax
Self-employment
The document provides instructions for adding self-employment information in the Self Assessment section of a tax software. Users are guided to click on “+Add data” on the Self Assessment page, enter their business name, and fill in details such as the business description, income, expenses, and balance sheet values. Additionally, it covers sections for capital allowances, balancing charges, adjustments, and CIS deductions. A link is provided for more information on data sources.
CCH IFirm Personal Tax
Link to CCH iFirm Accounts Production
This document provides a step-by-step guide on how to link business data from CCH iFirm Accounts Production to the self-employment data entry screen in CCH iFirm Personal Tax. It outlines selecting a business, importing data, and viewing key information such as the accounting period and tax data status. Notably, once imported, the fields become non-editable, requiring any changes to be made directly at the source before re-importing. Visual aids accompany each step for clarity.
CCH IFirm Personal Tax
Employment
This document provides instructions for adding employment data and income in the CCH iFirm Personal Tax software. Users can navigate to the Employment section to input details such as employer name, PAYE tax reference, and employment income, including director status and dates for employment changes. The document also outlines how to record benefits, expenses, student loan repayments, and lump sum payments. Users can control the printing options for the employment page and navigate through various sections for comprehensive data entry.
CCH IFirm Personal Tax
Disclosure notes
This document provides instructions on how to add disclosure notes within a data source and on the Self Assessment screen for a data management application. It includes step-by-step guidance for both methods, detailing the process of accessing the disclosure notes panel, adding notes, and saving them. Visual aids are included to assist users in the procedure.
CCH IFirm Personal Tax
Data Sources: CCH iFirm Personal Tax
The document provides step-by-step instructions for adding and accessing data sources on the Self Assessment page. Users can click the "+ Add data" buttons to select desired sources, including subsections, and use a search bar for specific filters. For certain sources, inputting additional information, such as employer names, may be required. After selection, users can view the added sources from the left menu, where they can expand or collapse sections for better navigation. Overall, the guide assists users in efficiently managing their data sources.
CCH IFirm Personal Tax
Creating a Tax Return
This document outlines the steps for creating a tax return using CCH Central and CCH iFirm Personal Tax. It emphasizes the need for employee permissions and proper setup in both systems. Key processes include ensuring the CCH iFirm Console is running, selecting the appropriate tax year, and completing details in the Self Assessment page. The document also describes how to access existing tax returns through both platforms and cautions against duplicating returns across systems. Users are guided through the steps with instructions and visuals for clarity.
CCH IFirm Personal Tax
Creating a Tax Bundle
This document outlines the steps for creating a tax bundle using the CCH iFirm system. The process involves finalizing the tax return, selecting print/view options, choosing document types (client or HMRC copy), and selecting attachments for the bundle. Users can preview or download the PDF of their tax bundle and can directly send it to CCH Document Management. Additionally, the system saves selections for the tax year and document type, ensuring efficient organization for future use.
CCH IFirm Personal Tax
Add attachments
The document provides instructions for managing linked data and attachments in a self-employment tax form. To unlink data, users should click 'Unlink' twice to confirm the action. For adding attachments to the tax return, the steps include selecting 'Finalise tax return', clicking 'Attachment', uploading the desired files, and then previewing or deleting them as needed.