The tax calculation is purely based upon figures you have entered into Clever Accounts system. If the software is not kept up to date your tax calculation will not be up to date.
The calculation is based upon a year starting date.
it is always recommended to seek our guidance on whether the tax calculated figure shown on this page is correct or not. It makes no allowances for incorrectly coded receipts nor whether the transactions are accurate.
However, if your accounts are up to date and you have checked the transactions for accuracy, the figure is a good representation of the tax liability of the business.