Recognised as the leading software for Life assurance companies, users benefit from clarity of calculations and a full audit trail granting confidence in the final return. The software guides users through the computation process and lends itself to easy review. An error checking system checks and records changes and highlights data inconsistencies for correction.
ONESOURCE Corporate Tax (Life) is designed for both mutual and proprietary organisations. It can support a variety of computations, from the straightforward to the most complex. Two types of file are available, both a full version and a reduced version, to enable calculation of Corporation Tax Self Assessment (CTSA) instalment payments, tax provisions for accounting purposes, or projections.
Any number of participating or non-participating funds can be created in a computation, and all categories of long term business are supported.