PTP Summer 2019 Release v19.2

Overview

Our PTP Suite Summer release version 19.2 includes solutions to issues reported in earlier releases and continues to deliver on our key MTD initiative by bringing you enhancements for PTP VAT Filer and Tax Platform.  


Tax Platform

Making Tax Digital - Pre-population of the Tax Return with Data from the Digital Tax Account

HMRC are updating and improving the way that data is retrieved from the Digital Tax Account. This allows Tax Platform to access the Digital Tax Account and pre-populate certain boxes on the SA100 tax return.  This new initiative builds on their previous work to allow agents to access data covering employments, private and state pensions, allowances and benefits and will allow data to be retrieved to a much more detailed level.  For example, pensions data will break down the total currently received to individual pension level. 

This enhanced functionality has been implemented in PTP Tax Platform in anticipation of HMRC making it available as a public beta programme, should you wish to take part, and the subsequent push to the Live environment. We will allow access to this functionality as soon as HMRC announce the availability of each.

Structures and Buildings Allowance

The Capital Allowance module has been updated to include a new asset type to allow you to add and record details relating to the new Structures and Buildings Allowance.


Corporation Tax

Structures and Buildings Allowance

The Capital Allowance module has been updated to include a new asset type to allow you to add and record details relating to the Structures and Buildings Allowance.

Foreign Controlled Companies

CT taxonomy update - including changes to the CT600B to enable you to set the appropriate territory.


VAT Filer

Multiple Agent Authorisation Tokens

PTP VAT Filer has been enhanced to include the ability to store more than one agent authorisation token.  This allows practices that have more than one set of agent details in MTD to file returns under their own set of agent credentials.

Import from Spreadsheet

We have added the ability to import your client’s VAT return data directly from a spreadsheet.  This new method eliminates the need to first convert the document to the CSV format and allows you to maintain multiple worksheets in an Excel workbook.

Enhanced Interface

The PTP VAT Filer interface has been enhanced to include a view of a client’s liabilities and payments across all VAT periods.


Accounts Production 

Academies Accounts Direction 2018 to 2019 

Updates to Academies, to accommodate the recently released Academies Accounts Direction 2018 to 2019 to support Academy Accounts to 31 August 2019. 


General

  • Updates to cater for the latest HMRC online filing Specials & Exclusions
  • Updated Dividend database
  • Update to HMRC's latest schemas
  • PTP Tax Expense - issue fixed that prevented the online filing of P46(Car) with fuel type F

PTP Tax Platform

  • fixed the issue that prevented the entry of a negative farmers’ averaging adjustment
  • fixed the issue with the missing Class 2 NIC value causing online rejection error 6492
  • fixed the issue that displayed an exception error when accessing the dividend schedule
  • fixed the issue that prevented brought forward UK properties from showing on the printed schedule