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personal-tax-period-reform-sole-trader-changed-to-partnership-get-zero-transitional-profits-why

Personal Tax- Period Reform: Changed to Partnership OR Sole Trade, get ZERO Transitional Profits, why?

This is a confirmed DEFECT- If you have Sole trader which has changed to a Partnership or a Partnership which…

personal-tax-farmers-averaging-partnership-partners-values-show-a-difference-compared-to-other-partner

Personal Tax- Farmers Averaging Partnership- Partners Values show a difference compared to other partner?

Both partners had exactly the same tax liability and figures entered yet the farmers averaging no longer match between the…

business-tax-capital-allowances-incorrect-if-accounting-periods-longer-than-18-months

Business Tax- Capital Allowances incorrect if Accounting Periods longer than 18 months

BT is not creating 2 capital allowance periods / computations where the period is in excess of 18 months. This…

personal-tax-period-reform-sole-trader-changed-to-partnership-should-not-calculate-transitional-profit-tax

Personal Tax- Period Reform: Sole trader changed to partnership, should not calculate transitional profit/tax

This is a DEFECT with IRIS Version 24.3.2/24.3.0 where a Sole trader changed to partnership in the 2023/2024 period and…

personal-tax-uk-property-adding-a-new-joint-partner-and-crashing-pt

Personal Tax- UK Property/Dividends adding a new joint partner and crashing PT

If you go to Personal Tax - Select a client - UK Land and Property - UK Property Income -…

personal-tax-period-reform-spread-transition-profit-arising-difference-fse73-1-minus-fse73-2-and-3001-8614

Personal Tax- Period Reform: Spread Transition Profit arising Difference FSE73.1 minus FSE73.2 and 3001 8614

This 3001 8614 has been confirmed as a DEFECT and the IRIS Development team is investigating and once we have…

personal-tax-period-reform-transitional-profits-to-carry-forward-to-2025-2026-2027-2028-etc

Personal Tax- Period Reform: Transitional Profits to carry forward to 2025/2026/2027/2028 etc?

With the 2023/2024 release of Period reform of Transitional Profits and to spread them out over the next 5 years.…

personal-tax-period-reform-spread-transition-profit-arising-difference-fse73-1-minus-fse73-2-etc-and-3001-8611

Personal Tax- Period Reform: Spread Transition Profit arising, Difference FSE73.1 minus FSE73.2 etc and 3001 8611

When you generate you get this Spread Transition Profit arising validation and if you ignore and submit you get a…

business-tax-rd-sme-hotfix-release-dec-2024

Business Tax- R&D SME HOTFIX release DEC 2024

This IRIS hotfix resolves these three issues where: a) R&D SME extra tick boxes are missing (for example to claim…

business-tax-investment-company-corporation-tax-at-25-not-19

Business Tax- Investment company, corporation tax at 25% not 19%

If you are preparing a corporation tax computation for a small company which has consultancy income and some investments, there…