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2967 articles

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…

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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…

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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…

personal-tax-profit-or-loss-transition-part-if-fps16-1-sa104f-overlap-relief-taxable-profits-after-losses-is-less-then-zero-error-3001-8620-8630

Personal Tax- Period Reform 2024: Profit or Loss Transition Part, if FPS16.1, SA104F Overlap relief, Taxable Profits after Losses is less then zero. Error 3001 8620/8630

If you have Partnership income with overlap relief and generate a tax return you get this validation error and if…

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IRIS Community - How to Login and Queries

You first must have a IRIS Community login setup to access it. Community allows you to raise queries etc to…

business-tax-partnership-date-of-commencement-entered-in-box-3-7-must-be-on-or-after-the-6th-april-of-the-return

Business Tax - Partnership Date of commencement entered in box 3.7 must be on or after the 6th April of return

When in BT for a Partnership, you get a error: Date of commencement entered in box 3.7 must be on…

personal-tax-period-reform-2024-trade-loss-carry-back-is-showing-as-being-carried-forward-instead

Personal Tax- Period Reform 2024: Trade loss used/carry back is showing as being carried forward (box 79/80)

The Trade comp, Schedules of data and SA100 is currently showing incorrect loss being carried forward being used in the…

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PTP TR - Self Employment entries for Basis Period Reform with two sets of accounts

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

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Business Tax- CT600B Controlled Foreign Companies ADD button missing

When you load the CT600B screen the ADD button is missing. This is due to your PC settings hiding the…

personal-tax-period-reform-2024-farmers-averaging-combining-two-periods-incorrectly

Personal Tax- Period Reform 2024: Farmers Averaging combining two periods incorrectly

The Farmers Averaging under the Period Reform 2024 is incorrectly combining the total figures for two accounting periods in the…