Managing a client's investment portfolio can be one of the most time-consuming tasks for a tax professional.
CCH CGT & Dividends automates the process of preparing investment income and capital gains schedules associated with the tax return. The software helps you deal with the complex demands of capital gains tax compliance in the most time-efficient way.
By performing fast, accurate and consistent calculations, CCH CGT & Dividends leaves you free to concentrate on fee-earning work.
Legislative changes affecting CGT are quickly incorporated into the software so that the service you provide your clients is consistent and professional.
Typical computations take just seconds to produce, saving hours of effort. The system will automatically calculate:
Just enter the details of all shares owned at the start of the tax year, along with acquisitions and disposals during the accounting period. From this, CCH CGT & Dividends produces a comprehensive schedule of investment income and capital gains.
The unique CCH Securities Database gives access to over 100,000 quoted securities worldwide as well as information on many popular unquoted securities. Data is continually maintained and updated by Wolters Kluwer with the latest version available for manual or automatic download via the internet.
Database-wide reports enable you to identify clients who might benefit from tax planning advice, for example anyone who hasn't used their full CGT exemption allowance. The software allows you to calculate notional capital gains to test a variety of 'What if?' scenarios.
CCH CGT & Dividends software is part of Wolters Kluwer's suite of software products which share data through CCH Central, making it possible for you to report, access and use tax, accounting and practice management information across the entire practice.