Personal Tax- Period Reform 2024: The schedules of Data is showing the Incorrect Taxable profit for Transitional Periods

Article ID

personal-tax-basis-period-reform-2024-the-schedules-of-data-is-showing-the-incorrect-taxable-profit-for-transitional-periods

Article Name

Created Date

11th July 2024

Product

Problem

IRIS Personal Tax- Basis Period Reform 2024: The schedules of Data is showing the Incorrect Taxable profit for Transitional Periods

Resolution

The schedules of Data in IRIS Personal Tax is currently showing the incorrect taxable profits for transitional periods.

This has been confirmed as a DEFECT within the software IRIS Version 24.1.9.2 and 24.2.0 and if fixed with the Autumn 24.3.0 update now available.

A workaround provided is to save the Schedules of Data in Microsoft Word and manually adjust the incorrect figures. We apologise for the inconvenience caused.

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