3 Apps That Will Help You With Your Tax | Ravi Saive: A Technology ...

Tax applications help people who are worried about completing taxes in a timely manner. People have found that applications allow them to complete taxes accurately in a fraction of the time. There are three popular tax tools available to assist with taxes. Inclusion of these applications in the tax process will help to eliminate stress associated with filing taxes.

1. UK Tax Tool 2012

This popular and award-winning tax tool has reached the top spot in UK's Finance Charts. The tool features tax laws from the current year and the 2012 and 2013 tax year. The unique part about this application is that all of the UK tax rates, limits and allowances are featured for reference. The tool includes information regarding National Insurance, income tax, capital gains tax, pension schemes and stamp duty and tax. Calculated tax results may be emailed to any appropriate parties.

With this tool, users can perform reverse salary calculations. This will help people determine a target salary based upon take home salary. This feature can be used in pay raise negotiations. The tool is comprehensive and flexible. Users may enter detailed information or basic information depending upon the level of accuracy required. This particular tool is designed for people employed in the "Pay-As-You-Earn" (PAYE) system for automatic tax deduction.

The best part about this application is it shows the calculations in real-time as the person is typing. All tax codes are pre-programmed. There are also settings to include contributions to company pensions, childcare vouchers, student loan repayments, tax deductions, overtime, bonuses, charity contributions and National Insurance calculations. The application only costs $0.99 for numerous features.

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2. TaxCaster by TurboTax

TaxCaster allows tax filers to get an estimate of their 2011 tax refund. Only basic information is required to determine the refund for customers. The program has a high usability rating and is simple for even the novice to use. The calculations are accurate and useful for planning and budgeting. Companies such as Bestof1000.com, Getmeapp.com and Appadvice.com have all reviewed the application and rate the application highly.

The application is free, and it provides some great features that are helpful to numerous people. A help button is featured on every screen to help users receive immediate help with minimal navigation through the application. This application is useful, reputable and affordable.

Download For iPhone

3. UK Income Tax and Self Assessment

This application is available to help iPhone users perform self assessments and calculate UK income tax. Self assessments include information regarding salary, bank savings interests income, UK dividends income and other incomes. New tax rates are automatically updated with this application and all tax codes are pre-programmed for convenience. Every member of the family can store a profile in this particular tool and all files are password protected.Download For iPhone

Select Applications to Make Tax Time Easier

These simple tools will make filing taxes easier. The tools are $0.99 or free and recommended by experts in the industry. Select these tools to improve the tax filing experience.This post was written by Daniel was an expert Accountant in Sydney, Australia before recently moving his family the the UK. In his short time in the UK he has already made a major impact at his new company and is highly regarded by his fellow Accountants. Daniel is currently writing his first book on Accounting which will be in stores next year.

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