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).
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia
Accountancy software firm Sage has been hit by a data breach which may have compromised the personal details and bank account details of as many as 300 UK businesses