Investment Clubs beat tax return deadline with timetotrade

Web-Based Club Management System Helps Investment Clubs Manage Their Accounts and Submit Returns in Advance of UK Inland Revenue 30th September Tax Deadline

timetotrade has developed a suite of  professional investment tools to help Investment Club Treasurers manage club accounts and enable club members to determine their proportionate share of gains at the click of a button. The software also enables club members to track investment performance, collaborate on investment decisions and receive alerts when investment conditions are met. The investment tools can be accessed by individual club members and private investors from any web browser at http://www.timetotrade.eu

The timetotrade Investment Club features enable clubs to:

• Manage investment club accounts and for member subscriptions, withdrawals, unit valuations, unit cancellations and money weighted rate of return calculations.

• Generate UK Inland Revenue Form 185(new) to help club members complete their tax returns, at the click of a button.

• Debate trading tactics, post news, share investment research and embed useful chart images for collaborating on investment decisions in a private club forum.

• Create an online library of documents, spread sheets and images that can be organised using a folder structure.

• Produce detailed reports on investment and member performance includes; member unit holdings, subscriptions and withdrawal unit value performance and club or individual return on investment and internal rates of return.

• Never miss another trading opportunity - point and click price, volume and technical analysis alert creation for UK and US stocks, notify club members by mobile phone, email or instant messenger when investment conditions are met.

• Anytime anywhere access, means you can stay connected to your investments be it from home, work or on holidays using your mobile phone when you register at http://www.timetotrade.eu

• Completely innovative is the ability to manage investment accounting in multiple currencies, with multiple brokers and margin accounts.

Dary McGovern, managing director of Sensatus, the developers behind timetotrade said: "When we set up our own investment club we searched for software that would enable us to manage our accounts. We wanted a solution that all club members could access, which would support UK and foreign investments, a variety of investment strategies such as long, short and option positions and manage our tax returns. There was no such software available, so we decided to develop it ourselves. It has been really exciting working with other investment clubs to develop a solution that is unique to the UK market."

To quote Liam Curtis of Slaney Slickers investment club, who has been involved in the development of the timetotrade application, "timetotrade has completely changed the way we work as a club. Keeping club members involved and informed in the day-to-day running of our investment club is a no longer a challenge. timetotrade lets club members post research, check our unit valuations and portfolio performance online without having to bother the treasurer for updated spreadsheets or reports."

To create an investment club account or find out more about timetotrade visit http://www.timetotrade.eu.

FURTHER INFORMATION

ABOUT INVESTMENT CLUB TAX RETURNS

The deadline for UK investment clubs to submit their tax returns for enabling the government to calculate tax is 30th September 2007 for the period April 2006-April 2007.

For more information on submitting your UK investment club tax return visit:

http://www.hmrc.gov.uk/

http://timetotrade.eu/wiki/index.php/Form_185(new)

ABOUT INVESTMENT CLUBS

An investment club is typically formed by a group of individuals who want to learn how to invest in the stock market by pooling together a small amount of money each month. Investment clubs provide a supportive environment were investors can learn how to invest by sharing knowledge and experience, with the benefit of being in a social club with like minded people.

There are over 12,000 investment clubs in the UK.

RELATED LINKS

• Investment Club Management Software
• The Investment Club Directory
• Register Your Investment Club