Personal Tax- 2025 Share of Profits, The Sum SA104F share of partnership profit/loss etc 3001 8224 (Fixed 25.3/manual fix)

personal-tax-2025-share-of-profits-the-sum-sa104-share-of-partnership-profit-loss-etc

Personal Tax- 2025 Share of Profits, The Sum SA104F share of partnership profit/loss etc 3001 8224 (Fixed 25.3/manual fix)

1st July 2025

This has been confirmed as a DEFECT in 2025 within the Iris Personal Tax program affecting version 25.1.4.4 and there is a JULY fix released on IRIS version 25.2.0 now out. If the data is originally from BT and still incorrect in PT then go to BT and refresh the data to PT and then check PT again.

If you are still having the same warning in 25.2.0 then update to IRIS version 25.3 released in early October 2025.Once updated go to BT and refresh the data to PT and then check PT again. If you still have the issue then FORCE FULL PAGES and regenerate.

We sincerely apologise for the inconvenience this has caused you. 

If you have updated to the 25.3 or later versions and you still have this error with a Partnership – Use this workaround: Open the trade at the top, Related/Involvements, do you have a partner with a ‘TO’ date (eg they have left the partnership) if yes- then remove this TO date and rerun the tax comp, if the profit is the same then add a note explaining the issue and there should be a TO date (which is omitted). Regenerate and submit. Once submitted – add back in the ‘TO date’ again for the affected partner.

If the profit value changes and you disagree with the new calc then contact Support or raise a Community case.

Also if you ignore the ‘share profits’ warning and submit – you may get error 3001 8224 (apply the fix above)

If you are getting a ‘Share of partnership trading or professional profits, SA104 share of partnership profit/loss’ then read this KB (fixed in 25.2)