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IRIS Personal Tax Knowledge Base

349 articles

personal-tax-how-to-show-transitional-profits-2024-examples

IRIS Personal Tax

Personal Tax- How to show Transitional Profits 2024 examples/queries

For the FULL KB on the Basis Period Reforms and Transitional profits 2023/2024 onwards Not getting any Transitional Profits in 2024…

personal-trust-tax-edit-interest-rates

IRIS Personal Tax, IRIS Trust Tax

Personal/Trust Tax- Edit HMRC Interest Rates

You have an incorrect HMRC Interest rate being applied in Personal Tax or Trust Tax. 1.Load Personal Tax or Trust…

personal-tax-pension-contribution-relief-at-20-or-40

IRIS Personal Tax

Personal Tax- Pension Contribution Relief at 20% or 40%

Claim the 20% Relief only: Go to Reliefs | Pension Contribution | Personal pension contribution and enter the value Claim…

personal-tax-top-tool-menu-bar-is-missing

IRIS Personal Tax

Personal Tax- Top tool/menu bar is missing

If you have Smarttax on and/or your PC display settings have a certain resolution/scale setting – it can hide the…

personal-tax-expense-types-for-sole-trade-not-showing-on-ses-pages-sa100

IRIS Personal Tax

Personal Tax- Expense types for sole trade missing on SES/SEF pages SA100

If below £85,000 income - it will not show the breakdown of expenses on the SES/SEF pages, it will only…

personal-tax-exception-pension-contributions-exceed-100-of-net-earnings

IRIS Personal Tax

Personal Tax- Exception pension contributions exceed 100% of net earnings

It is an exception - Please double check your entry and if its correct then you can ignore this, as…

personal-tax-capital-gains-time-apportionment

IRIS Personal Tax

Personal Tax- Capital Gains and Property Time apportionment

IRIS PT does not calculate time apportionment for Capital Assets or UK/Foreign Property. If a Capital Asset: you will need…

personal-tax-pension-is-showing-a-10-deduction-on-tax-comp

IRIS Personal Tax

Personal Tax- Pension is showing a 10% deduction on tax comp

Our Development team have been working on this and can confirm that this is an issue within the software and…

personal-tax-part-and-full-distribution-disposal-of-shares-dividend-distribution

IRIS Personal Tax

Personal Tax- Part and Full Distribution Disposal of Shares? Dividend Distribution

IRIS Personal Tax has no tool/function/reports for the Part and Full Distribution disposal of Shares (For Example: Liquidation Payments received…

personal-tax-error-one-off-registered-pension-schemes-payments

IRIS Personal Tax

Personal Tax- Error: One off registered pension schemes payments

You get this error in PT, this has been reported to our Development team and are investigating. We will be…