Knowledge Base Articles

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2973 articles

personal-tax-transitional-profits-calculating-not-at-the-expected-20-tax-rate-why

Personal Tax- Period Reform: Transitional Profits Calculating not at the expected 20% tax rate, why?

The IRIS Personal Tax calculation is correct as confirmed by the IRIS Development Team. HMRC calculates the 'tax due on…

business-tax-sme-research-and-development-entry-for-rd-expenditure-not-populating-the-rest-of-the-boxes

Business Tax- SME R&D, entry for R&D Expenditure not populating the rest of the boxes

For example: Data Entry | Research and Development CT600L | SME Research and Development - enter £XXX R&D Expenditure -…

personal-tax-3001-8219-amount-in-box-fps16-must-equal-fps8fps9

Personal Tax - 3001 8219 amount in box fps16 must equal fps8+fps9. Share of Profits SA104F must equal

When generating you may get a validation: Share of Profits Amount in box SA104F Adjusted profit for year must equal…

kba-03851

KBA-3851 PTP TR - Partnership entries for Basis Period Reform with two sets of accounts

This example relates to a taxpayer who previously had an April year end so the last accounts were made up…

personal-tax-add-income-and-get-if-a-date-received-is-not-entered-these-values-wont-be-included-in-any-updates-sent-to-hmrc

Personal Tax- Add income and get 'If a date received is not entered these values won’t be included in any updates sent to HMRC'

If you are trying to trying to enter income and expenses however the message appears: 'If a date received is…

error-3318-the-period-to-which-this-returns-accounts-applies-does-not-coincide-with-the-effective-from-to-dates-of-the-referenced-accounts-taxonomy

Error 3318 - the period to which this Return's Accounts applies does not coincide with the effective from/to dates of the referenced Accounts Taxonomy.

We are aware of an issue affecting some users in IRIS Accounts Production, where the Error 3318 - the period…

business-tax-claim-audio-visual-and-video-games-expenditure-credits-avec-expenditure-credit-regime-post-2024-25

Business Tax- Claim Audio-Visual and Video Games Expenditure Credits (AVEC) ‘Expenditure credit' regime Post 2024/25

HMRC Post 2024/2025 rules - Certain creative types are moved to a new Audio-Visual and Video Games Expenditure Credits (AVEC)…

personal-tax-period-reform-2024-spread-transition-profit-treated-as-arising-fps16-1-and-3001-8625-fps16-1

Personal Tax- Period Reform 2024: Spread Transition profit treated as arising FPS16.1 and 3001 8625 FPS16.1

Load Client in PT and the 2024 year (this normally affects the 2024 year) Check all trades and ensure they…

personal-tax-hmrc-special-id535455-etc

Personal Tax- HMRC Special ID53,54,55,57 etc

This list of HMRC Special IDs are unique for each year and this list has some specific to 2023/2024. New…

vat-filer-http-status-proxy-authentication-required

VAT Filer- HTTP Status Proxy Authentication required

If you get a Data Retrieval Error, HTTP Status Proxy Authentication required error received when attempting to collect this client’s…