Release of 1702Q Form
Taxumo has finally released the 1702Q form! Corporations can now file their Quarterly Income Tax Return through Taxumo using the 2008 1702Q form. Currently, this form uses the old 30% tax rate. As our team works on releasing the form with the updated rates from CREATE Law, users can file their 1702Qs with this old rate and then file amendments once we've affected the new rates. Taxumo will automatically calculate the overpayments from the old rate and use them as tax credits, which can be used by the user for their future 1702Q filings.
Performance Improvements
Downloading digital copies of your tax forms is now faster and more efficient.
A better Cashflow view
Scrolling through your Cashflow entries is now faster and more seamless.