Knowledge Base
business-tax-rdec-corporation-tax-repayable-by-notional-brought-forward-figure-incorrect
Business Tax- R&D RDEC Corporation Tax Repayable by Notional Brought Forward figure: Incorrect?
R&D RDEC - You have entered Expenditure and have a 'Notional Brought Forward' figure or this was manually entered and…
personal-tax-how-to-create-add-a-new-employment-business-in-pt
Personal Tax- How to create/add a new Employment Business in PT?
This is assuming you have not already added/created this business into AP/BT first and instead adding it into PT directly.…
personal-tax-when-loading-a-specific-client-pt-closes-with-error-no-error
Personal Tax- When loading a specific client, PT closes with error/no error?
Personal Tax closes with no warning or you get a error message – when you select/load a client and after a few…
business-tax-llp-partnership-land-and-property-the-amount-in-box-n1-19-must-equal-the-box-in-1-39
Business Tax- LLP/Partnership, land and property: 'The amount in box N1.19 must equal the box in 1.39'
You have a LLP/Partnership with land and property income but you get error 'The amount in box N1.19 must equal…
personal-tax-incorrect-dates-values-on-trade-and-tax-comp
Personal Tax- Incorrect dates/values on Trade and Tax Comp
When generating a Trade computation -there are unknown dates are being applied which are also giving incorrect values (which also…
business-tax-invalid-data-entry-payenicforwhichthecompanyisliableinthisaccountingperiod
Business Tax- Invalid data entry: PAYENICforWhichTheCompanyIsLiableInThisAccountingPeriod
This issue creates an incorrect value on the R&D box L168. This is a DEFECT in IRIS Software Version 24.3.2.…
personal-tax-period-reform-sole-trader-changed-to-partnership-get-zero-transitional-profits-why
Personal Tax- Period Reform: Changed to Partnership OR Sole Trade, get ZERO Transitional Profits, why?
This is a DEFECT- If you have Sole trader which has changed to a Partnership or a Partnership which has…
personal-tax-farmers-averaging-partnership-partners-values-show-a-difference-compared-to-other-partner
Personal Tax- Farmers Averaging Partnership- Partners Values show a difference compared to other partner?
Both partners had exactly the same tax liability and figures entered yet the farmers averaging no longer match between the…
business-tax-capital-allowances-incorrect-if-accounting-periods-longer-than-18-months
Business Tax- Capital Allowances incorrect if Accounting Periods longer than 18 months
BT is not creating 2 capital allowance periods / computations where the period is in excess of 18 months. This…
personal-tax-period-reform-sole-trader-changed-to-partnership-should-not-calculate-transitional-profit-tax
Personal Tax- Period Reform: Sole trader changed to partnership, should not calculate transitional profit/tax
This is a DEFECT with IRIS Version 24.3.2/24.3.0 where a Sole trader changed to partnership in the 2023/2024 period and…
