IRIS Keytime Spring v25.1.321 service pack
The Spring 2025 service pack release of Keytime Accountants’ Suite v25.1.321 is now available.
This service pack provides you with solutions to a number of issues reported since the last release.
Please note that before you can install this version, you must have installed version 25.1. To check the version, open any Keytime module, select the Help menu and select About.
If you have a version earlier than 25.1 you can download and install 25.1 from the link in this article.
Further instructions on how to install can be found in this article.
IRIS Keytime Personal Tax
Resolved issue:
- An incorrect validation does not appear now when populating Page 1 of the Capital gains pages for an Individual and adding an attachment.
IRIS Keytime Trust Tax
The Trust Tax estimated calculation and reports for 2026 have been updated with the 2025 rates.
Resolved issue:
- The Investors relief limit has been updated from £10million to £1million for disposals made on or after the 30th October 2024. This is now correctly applied in the product.
IRIS Keytime Corporation Tax
The CT600P supplementary page for Creative Industries has been removed from the software. Due to a late change from HMRC you will not be able to complete the CT600P until April 2026. It is now possible to make a submission for Creative Tax credits. If any data has been added in the CT600P prior to the Spring service pack release, this has now been removed, and users are advised to review their data in the Creative industries screen.
Resolved issues:
- The Brought forward loss function and the override option on the CT600C has been fixed.
- It is now possible to surrender a b/f loss trade loss via the CT600C. In addition, it is now possible to override the value in Box 160 which appeared incorrectly.
- For a CT return Box 653- To indicate a claim is being made by a R&D intensive company was not ticked when Box 650 is ticked. This issue has now been resolved.
- It is now possible to correctly populate Box L10- SME expenditure from work subcontracted to it by a large company.
All Tax
Tax Legislation and annual updates:
- Update to Dividends database
- Updated Trust tax calculation and reports for 2025-26
