Intuit’s acquisition of TaxCalc, a product range heavily supported by the Inland Revenue, means it will take over all future development and marketing.
The software – which calculates how much tax you should be paying – will be co-branded as Intuit and Which? software.
Commenting on the purchase, Stephen Lee, Intuit managing director, said: ‘As Intuit already offers a range of user-centric accounting software solutions for individuals as well as small businesses, TaxCalc is a natural fit to our software range.
Quickbook’s developer, Intuit, has also announced the launch of a range of TaxCalc 2002 products including TaxCalc (for personal users), TaxCalc for Small Partnerships (for personal users and small partnerships) and TaxCalc Plus (for personal users, full partnerships and business advisors completing self-assessment forms for clients).