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2970 articles

personal-tax-self-employment-shows-on-smarttax-but-not-on-tax-comp

Personal Tax- Self employment OR Income Tax relief shows on SmartTax but not on Tax comp

When you check Smarttax - you note a value in Smarttax but it is not showing in the Tax computation.…

business-tax-ap-code-114-franked-investment-not-showing-in-box-620-on-ct600

Business Tax- AP code 114 Franked Investment not showing in box 620 on CT600?

The amount in box 620 of the CT600 is derived from the Franked Investment Income accounts in Accounts Production (code…

business-tax-ap-code-90-sundry-but-shows-as-add-back-profit-in-bt

Business Tax- AP code 90 'Sundry' but shows as add back profit in BT

You have several options: 1) Edit, Business Tax Accounts, find the code 90 under one of the categories and delete…

business-tax-return-shows-box-3-66-exceeds-the-total-expenses-claimed-sum-of-3-46-3-48-plus-3-64

Business Tax- Return shows box 3.66 exceeds the total expenses claimed. Sum of 3.46, 3.48 plus 3.64

This error usually occurs when there are negative values on the return as this is a HMRC restriction. Please follow…

personal-tax-capital-tax-on-gain-already-charged-value-is-rounded-up-and-triggers-a-refund

Personal Tax- Capital Tax on gain already charged value is Rounded up and triggers a refund

IRIS PT is following HMRC rounding rules where the Tax charged is always rounded up to the £. For example…

business-tax-the-amount-in-box-n1-13-must-equal-the-amount-in-box-7-6-please-check

Business Tax: The amount in box [N1.13] must equal the amount in box [7.6]. Please check.

This warning for Partnerships/LLP is normally linked a entry or a missing value in the Saving and Investment income area.…

ptpap-0010

PTPAP-0010 : PTP Accounts Production Workstation update prompt following 22.2.0.402 installation.

If you see the screenshot above, this means that you need to update your workstation. Please click ok to start…

personal-tax-property-capital-gain-is-giving-18-28-showing-instead-of-10-20

IRIS Personal Tax

Personal Tax: Property Capital gain is giving 18/28% showing instead of 10/20%? New 2024/25 18/24% rate?

2024/2025 New HMRC 18/24% rates rather then the 18/28%. The IRIS Development team have confirmed that the new HMRC %…

business-tax-fatal-error-1001-cvc-enumeration-valid-value-xxx-is-not-facet-valid-with-respect-to

IRIS P11D, IRIS Personal Tax, IRIS Business Tax

Business/Personal Tax/P11D: Fatal Error 1001 cvc-enumeration-valid: Value 'XXX' is not facet-valid with respect to....

This can affect BT, PT and P11D submissions - each has its own checklist below: 1.If in BT/PT then Load…

vat-filer-add-information-on-how-the-values-are-calculated

VAT Filer- Add information on how the values are calculated?

The IRIS VAT submissions only allows the 9 cells to be filled in and submitted. There is no function to…