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2970 articles

personal-tax-period-reform-spread-transition-profit-as-arising-difference-fps16-1-minus-fps16-2-must-be-greater-than-zero

Personal Tax- Period Reform: Spread Transition Profit as Arising, Difference FPS16.1 minus FPS16.2 must be greater than zero

You get this warning above when generating a Tax Return as this is because PT is missing date data Load…

trust-tax-you-have-reached-your-license-package-limit-select-client-that-has-data-entered-for-current-year

Trust Tax- You have reached your License Package Limit. Select client that has data entered for current year

Trust Tax has TWO license checks running at the same time: How many registered/active clients you have running. For example…

business-tax-client-warnings-system-info-client-has-no-chart-connection-or-parameters-invalid

Business Tax- Client warnings 'System info', client has no chart connection or parameters invalid

When you load a Partnership etc in Business Tax OR you created it directly in BT (and not used Accounts…

personal-tax-iris-transitional-profits-calculates-through-days-method-not-months-or-weeks

Personal Tax- IRIS Transitional Profits calculates through 'Days' method not Months or Weeks

IRIS Transitional Profits only calculates through Days method not Months or Weeks This issue has been raised with the Development…

personal-tax-period-reform-profit-or-loss-of-the-transitional-partfse73-1-is-present-so-sa103f-overlap-relief-not-previously-deducted-on-a-change-of-accounting-date-should-be-absent

Personal Tax- Period Reform: Profit or Loss of the transitional part[FSE73.1] is present so [SA103F Overlap relief not previously deducted on a change of accounting date] should be absent

SA100: Sole trade validation appearing – where there is a sole trade with no transition profits with the overlap is being…

personal-tax-incorrect-calculation-of-basis-period-incorrect-year-end

Personal Tax- Period Reform: Incorrect calculation of Basis period (incorrect year end)

There are instances where the Personal Tax basis period calculation is incorrect as it should be 12 months from the…

business-tax-rd-additional-information-form-tick-box-is-missing-box-660

Business Tax- R&D Missing Tick boxes like Additional information (box 660)

This affects IRIS version 24.3.0, when entering R&D SME enhanced expenditure for a client, it is not automatically filing out…

personal-tax-transitional-profits-calculating-not-at-the-expected-20-tax-rate-why

Personal Tax- Period Reform: Transitional Profits Calculating not at the expected 20% tax rate, why?

The IRIS Personal Tax calculation is correct as confirmed by the IRIS Development Team. HMRC calculates the 'tax due on…

business-tax-sme-research-and-development-entry-for-rd-expenditure-not-populating-the-rest-of-the-boxes

Business Tax- SME R&D, entry for R&D Expenditure not populating the rest of the boxes

For example: Data Entry | Research and Development CT600L | SME Research and Development - enter £XXX R&D Expenditure -…

personal-tax-3001-8219-amount-in-box-fps16-must-equal-fps8fps9

Personal Tax - 3001 8219 amount in box fps16 must equal fps8+fps9. Share of Profits SA104F must equal

When generating you may get a validation: Share of Profits Amount in box SA104F Adjusted profit for year must equal…