Brightcel automatically calculates and immediately incorporates into the accounts:-

Inheritance Tax 

• Apportionment between instalment and non-instalment option property
• Residence Nil Rate Band and Transferable Residence Nil Rate Band, including downsizing relief.
• APR and BPR - allowing for excepted assets
• Grossing up - on legacies and on residue (Benham or Ratcliffe bases)
• Interaction - where residue partially exempt includes assets qualifying for e.g. BPR/APR
• Tax payable by legatees on legacies subject to tax
• Reduced rate where 10% goes to charity - and calculates and shows threshold amount for estate to qualify
• Interest calculations

Capital Gains Tax 

• Year by year
• On all assets 
• At the rate in force at the point of sale (automatically calculated)
• Allowing for personal allowance (automatically calculated)
• Ignoring Chattels below the Chattels exempt threshold
• Differentiating between residential and non-residential property

Income Tax

• Year by year
• At the rates applicable to each different source of income
• Accommodating tax already paid 

All tax calculations can be overriden or adjusted to agree with HMRC's.