Personal/Business Tax- Enter CIS Deductions
Article ID
personal-tax-enter-cis-deductions
Article Name
Personal/Business Tax- Enter CIS Deductions
Created Date
16th August 2021
Product
IRIS Personal Tax, IRIS Business Tax
Problem
IRIS Personal/Business Tax- Where to enter CIS Deductions?
Resolution
In Personal Tax
1. Load the client and select correct year
2. On the left side: TPV, STP, open the relevant accounting period
3. If a sole trade – Adjustments, losses and overlap tax | enter at the bottom of screen CIS. This will show on the Schedules of Data and on the Self employment tax pages.
4. If a partnership – Tax and taxed income | enter at the bottom of screen CIS25.
In Business Tax
Data Entry | Calculation | Calculation of tax outstanding or overpaid | Income tax deducted from gross income box 515
If a Partnership: Trades | Partnerhsip | Override Return Totals | Values For Tax Year – tick CIS25 deductions
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