Accountancy software provider Sage has unveiled its latest tax software which supports both paper and online filing.

Sage Taxation 2009 and Sage Instant Tax enables practices to prepare returns for individuals, partnerships and trusts. The validation checks in the software review submissions to prevent tax returns from being rejected by HM Revenue & Customs.

HMRC posted record amounts of tax returns filed electronically this year with the majority of e-filings being made directly with HMRC’s own electronic offering and not third party.

Greg Ford, managing director, Sage accounts division, said: ‘We know that online filing for personal tax clients can be daunting and expensive for smaller practices, which is why we believe that Sage Instant Tax will make the transition from paper to online more accessible and affordable to practices that are not already filing online, meaning they too, alongside larger firms, can electronically file individual tax returns with confidence’

Sage Instant Tax prices will starts just £99 for a 10 client license and has also improved the software’s printing capabilities for faster printing of tax returns.

Microsap for Uk sage line 50 users along with WInjit launches accurate cash flow projections and planning that is integrated with the accounting system like Sage line 50 , Snapshots’ Cash flow projections allows you to analyze your receivables and payables as per reported by the accounting system. Based on the projections done, company would be able to plan out their action and help to manage their cash flow.

• Cash flow projection integrated with accounting system
• Easy planning of cash flow
• Graphical Representation of Cash flow
• Integrated with calendar