Knowledge Base Articles

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2946 articles

personal-tax-making-tax-digital-and-mtd-status

Personal Tax- Making Tax Digital and MTD Status

April 2024 Update: Currently IRIS has made the decision to delay our participation in the current private pilot due to…

personal-tax-how-to-edit-nic-class-2-and-4

Personal Tax - How to edit NIC Class 2 and 4?

Breakdown of the NIC2/4 value: Run the 'Trade Computation' to see how PT is calculating the NIC2 and NIC4 or…

personal-and-business-tax-you-must-setup-your-user-id-and-password-before-generating-an-internet

Personal/Business Tax: You must setup your User ID and password before generating/submit

Go to Help and About and ensure you are on the Latest IRIS version. Log in to IRIS as a…

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IRIS 21.2.0 - Charge Rate Defaulting to Incorrect Rate

We have identified a defect in version 21.2.0.376 when a worktype has an assigned charge rate the next line is…

personal-business-tax-how-to-password-protect-a-client

Personal/Business/Trust Tax: How to password protect a client?

Load the client in PT or BT or TT Client and View Advanced Confidentiality (if you need to remove the…

personal-tax-property-loss-and-claim-private-residence-relief

Personal Tax: Property Loss and claim Private residence relief?

HMRC Restriction – You cannot claim a relief against a loss. Workaround - Adjust the disposal amount to obtain the…

personal-tax-partnership-shows-up-as-sole-trader-or-you-only-deal-with-one-of-the-partners

Personal Tax- Partnership shows up as Sole trader OR you only deal with one of the Partners

To trigger the partnership pages you need two or more partners within the Partnership. If you only create one partner…

personal-tax-how-to-use-eis-share-loss-against-current-income-tax

Personal Tax- How to use EIS/SEIS Share loss (Negligible value) against current income tax?

NOTE: If you want to carry back a share loss to past year then read this KB To use EIS/SEIS…

business-tax-invalid-data-entry-income-if-charity-or-non-profit

Business Tax- Invalid data entry 'All Charitable and/or 'Income' (If Charity or Non profit)

It may show with one or both of these two warnings (and may affect a non charity as well): 1.Load…

business-tax-how-to-tick-box-40-or-45-and-show-bank-details-on-ct600

Business Tax: How to tick Box 40 or 45 and show Bank details on CT600?

Load the client and select the relevant periodData entry, SummaryFor box 40 Under ‘Repayment Claim’ – ticking YES or ‘For…