Knowledge Base Articles

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2973 articles

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…

personal-tax-period-reform-2024-schedules-of-data-is-showing-incorrect-totals-compared-to-trade-comp-etc

Personal Tax- Period Reform 2024: Schedules of Data is showing incorrect Totals

There are TWO different defects in PT affecting the Schedules of Data and the Tax comp and SA100 are correct:…

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Business Tax- Invalid data entry company name

The company name is too long and needs to be edited or shortened - the warning will also list the…

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Personal Tax- Use income loss against capital gain (CG3 box 46)

This is for a trade loss etc against a Capital gain. If a Sole trade loss Run the Trade comp…