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IRIS Business Tax Knowledge Base

182 articles

ias-12032

IRIS Business Tax

Short accounting period/CTAP and first year allowances not being restricted

According to Tolley's Tax Computations the first year allowance, unlike the WDA, is a flat rate and should not be…

ias-12129

IRIS Business Tax

Error 5012 in UTR

The UTR must be numeric and be a maximum of ten characters. Users are required to enter the company's UTR…

ias-12036

IRIS Business Tax

The client cannot be found/registered within the Business Tax module

Users are required to: 1. Log on to IRIS Business Tax 2. Go to Client | Select 3. Set the…

ias-12130

IRIS Business Tax

Error 5012 in Box 1

The revenue directs that you cannot have a negative figure for turnover. If you have a negative turnover figure, go…

ias-12127

IRIS Business Tax

Period setup incorrectly and wrong dates on the computation

From the Client menu select View and make sure that the incorporated/trading commenced/ceased dates are correct. If the incorporated date…

ias-12076

IRIS Business Tax

How to show a loan taken out by a director within the current account period

Users are required to ensure that the latest version if IRIS has been installed then: 1. Log on to IRIS…

ias-12092

IRIS Business Tax

How do I force a full partnership return?

1. Go to Data Entry (On the left hand side of the screen), Trading and Professional Income and select Business…

ias-12077

IRIS Business Tax

Menu options have been disabled due to a date conflict.

This error message occurs where a partnership or LLP has a period of 5days or less. This is an Iris…

ias-12079

IRIS Business Tax

My Partnership data entry is not being saved after a change has been made to it.

1. From the Trades menu select Partnerships, Overwrite/Leave Alone. 2. Enable No - Leave Alone, click OK. 3. Go back…

ias-12080

IRIS Business Tax

A negative values warning is being generated when refreshing to personal tax

In order to change the Business Tax mappings users are required to: 1. Go to Reports | Self Assessment Details…