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IRIS Business Tax Knowledge Base

182 articles

ias-12111

IRIS Business Tax

How to use the full rate of tax for a limited company

Users are required to: 1. Log on to IRIS Business tax and select the client 2. From the Data Entry…

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IRIS Business Tax

Business Tax- Pre 2015 'Number of associated companies'

NOTE: This is the PRE 2015 'Number of associated companies' rules. Read below for the KB links to the Pre…

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IRIS Business Tax

How do I change the description of a posting file?

Users are required to: 1. Log on to Accounts Production. 2. From the Posting menu select Post File Maintenance, click…

ias-12052

IRIS Business Tax

Land & Property pages are not appearing on the Partnership return

The only time the land and property pages appear on the Partnership return is when it is a full period…

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IRIS Business Tax

Trading losses incurred in the period

Users will not have to make an entry within Business Tax to show the losses in the period as this…

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-12021

IRIS Business Tax

Unspecified Directors on Corporation tax computation

Users are required to ensure that the directors have been set up correctly and given an accounting order. If the…

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IRIS Business Tax

Capital Allowances in the Enhanced Computation are incorrect for a ltd company

- If the client is supposed to correctly show as a Multiple Trade client then go to Edit | Multiple…

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IRIS Personal Tax, IRIS Business Tax

Personal/Business Tax- How does the 'approval' button work on the transmit internet return screen?

The approval button can be found from the transmit internet return screen and is linked to the Practice Management product…

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IRIS Business Tax

Balancing charge on general pool and FYA additions

Business Tax is carrying out the calculations correctly. Expenditure on assets on which FYAs have been claimed is not pooled…