Knowledge Base Articles

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2967 articles

elements-how-to-create-client-and-show-on-dashboard

IRIS Elements- How to create clients and show on Dashboard?

Once you have created a client -i.e Go to top and select CLIENT and Add Client and save all their…

personal-tax-trade-loss-to-offset-income-but-not-giving-100-relief-on-tax-comp-its-being-capped

Personal Tax- Trade loss to offset income but not giving 100% relief on Tax comp (Capped £50,000)

For Example: In the current year you have £100,000 Sole trade or Partnership loss and you want to use this…

personal-tax-sa109-unremitted-income-and-gains-under-2000-or-error-3001-8573-nrd29-23-1-and-23-2-etc

Personal Tax- SA109 Unremitted income and gains under £2000 OR error 3001 8573 NRD29 23.1 and 23.2 etc

1.Load the client in PT and correct year. 2. Reliefs, Misc, Resident Questionnaire 3. Remittance Basis TAB , and the…

personal-tax-3001-6599-6133-for4c-and-for4b-or-similar

Personal Tax- 3001 6599/6133 FOR4C and FOR4B or similar

You may have a foreign entry which is just over/under £1, income is rounded down to the nearest pound and…

personal-tax-residence-question-remittance-basis-charge-claim

Personal Tax- Residence Question Remittance Basis Charge claim?

When can I declare the Remittance Basis under the Resident Questionnaire. Load Client and go to Reliefs, Misc, Resident Questionnaire,…

personal-tax-sa107-trust-income-chargeable-on-settlors

Personal Tax- SA107 Trust Income chargeable on Settlors

You need to populate SA107 Trust Income chargeable on Settlors on page T1 (boxes 13 and 14). Open the client…

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 + Offset against Total income

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