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Capital allowances/charges are not transferring to the partnership return

Article ID
ias-12435
Article Name
Capital allowances/charges are not transferring to the partnership return
Created Date
24th May 2017
Product
IRIS Business Tax
Problem
Capital allowances/charges are not transferring to the partnership return
Resolution
This is currently an issue within IRIS and is due to be fixed within 19.1.0. In the mean time, as a workaround, can you please go to; – Edit | Capital Allowances – A-Maintain Assets – Double click on the Asset and un-tick A | Untick the box “Expensive Motor Vehicle Restriction” – Complete the above for all assets If this does not work. Go to: -Trades | Partnership | Overwrite/Leave Alone – set to NO – The new data entry is located along the left side of the screen – Trading and Profession Income | Capital Allowance Summary and manually enter the information This should then allow the figures to pull through to the return correctly.

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