Knowledge Base Articles

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Knowledge Base

2968 articles

kba-03622

PTP TR - dividend tax credit for non-resident clients

Although tax credits were removed generally for dividends from April 2016 they still apply for non-resident clients.  Please find below links…

kba-03621

PTP TR - why is the basic rate deduction for finance costs not appearing in the tax calculation

The deduction is worked out as 20% of the lower of: 1.  The finance costs not deducted from rental income…

kba-03624

PCSR - Part 1 of the CS01 is not populating with the SIC code change

- Highlight the company and click on the 'Open' button (at the bottom of the screen)  - Go into 'Company' tab…

ias-12844

IRIS Personal Tax

Personal Tax- Property Mortgage interest/Residential finance Cost Relief is missing/wrong

This HMRC legislation was brought in from 2018, whereby 25% of the Expense type 16 or 17 for a property…

ias-12842

IRIS Personal Tax

Personal Tax- How to produce a Tax Overview?

This cannot be created in IRIS Tax Accountancy. To produce a Tax Overview please do the following on the HMRC…

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IRIS Personal Tax

Personal Tax- Claim Trading income allowance/ Expenses missing on SEF2 page. NET PROFIT LOSS SA103F validation

If you get a NET PROFIT LOSS SA103F validation: read the very bottom of this KB. If you do not…

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IRIS Personal Tax

2014, 2015 & 2016 year for 5 years farmer's averaging showing incorrectly

This is an issue that has been raised and it is scheduled to be fixed in version 18.2 of IRIS.…

ias-12837

IRIS Personal Tax

Trying to retrieve HMRC data for 2017/2018 but it is picking up 2016/2017 figure

HMRC have not yet reconciled the figures for clients for 2017/2018 Tax year. HMRC will start to reconcile these figures…

ias-12836

IRIS Business Tax

Where to enter an end date for a partner who is no longer within a Partnership?

Please do the following to resolve this issue in Business Tax: - Go to Client in the top left-hand cornerViewRelated…

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IRIS Personal Tax

Sa105 annual investment allowance must not be present if PRO20.2 is absent

To solve your query please do the following in Personal Tax: - UK Land and Property - UK Property Income…