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2946 articles

personal-tax-invalid-number-of-full-partnership-schedules-sa104f-mtr

Personal Tax- Invalid Number of Full Partnership Schedules. SA104F MTR and NIC2

HMRC rule: You can ONLY have a maximum number of 50 Partnerships/LLPs set up. The example above has 53 FULL…

personal-tax-entry-in-box-sa105-loss-set-off-against-total-income-should-not-be-present-pro20-2

Personal Tax- SA105/SA106 loss set off against total income should not be present PRO20.2 OR Furnished holiday let balance charge EEA absent/not exceed £150,000 OR 8056/8270

3001 8506 Entry in box SA105 loss set off against total income should not be present PRO20.2 OR Total of…

kba-03829

PTP TR - Error 3021 Either BOF or EOF is True or the current record has been deleted where the Proc = Gval

Exe = PlatformVersion = 22.3.136form = PLATFORM.BASproc = GvalEL = 27540EC = 3021Msg = Either BOF or EOF is True or…

personal-tax-property-loss-capital-allowance-use-against-other-income

Personal Tax- Property loss (capital allowance) use against Other Income

Property losses cannot be offset against other income unless the losses have been created by capital allowances. Property losses can…

trust-tax-fill-in-box-21-r185-dividend-taxed-at-non-payable-10

Trust Tax- Fill in box 21 R185, Dividend taxed at non payable 10%

This affects certain Trust types like Estates in administration. Users must first enter the income etc into Capital assets, shareholdings…

personal-tax-foreign-other-income-but-shows-in-other-uk-income-tr3-box-17

Personal Tax- Foreign/other income BUT shows in other UK income TR3 box 17

The entry on the tax return TR3 Box 17 is correct and required by HMRC if you make a Foreign…

personal-tax-schedules-of-data-not-matching-with-tax-comp

Personal Tax- Schedules of Data not matching with Tax comp

This normally affects any Shareholding and Disposal/Dividend claims with penny entries (eg £1.51). The Schedules of data is rounding up/down…

os-129-issues-with-links-in-openspace-email-notifications

OS-129 Issues with links in OpenSpace email notifications

The url1946.irisopenspace.co.uk URL is coming from SENDGRID which is the email relay service OpenSpace uses. In short this is used…

personal-tax-brought-forward-trade-loss-not-being-used-against-other-income

Personal Tax- Brought Forward Trade loss NOT being used against other income?

HMRC rule: You can only use the losses and offset them against other income in the same year (which is…

personal-tax-sa108-gains-qualifying-for-business-asset-disposal-relief-is-valid-if-this-does-not-exceeds-1000000

Personal Tax- SA108 Gains qualifying for Business Asset disposal relief is valid if this does not exceeds £1,000,000

Check all your capital disposals (Assets and Share and OCG) and check if it the Entrepreneurs’ Relief tick box was…