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