Knowledge Base Articles

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3027 articles

iris-community-how-to-login-and-queries

IRIS Community – How to Login and Queries

What is the IRIS Community?The IRIS Community is a portal where you can log and monitor technical support cases with our dedicated teams. Additionally, it…

business-tax-partnership-date-of-commencement-entered-in-box-3-7-must-be-on-or-after-the-6th-april-of-the-return

Business Tax – Partnership Date of commencement entered in box 3.7 must be on or after the 6th April of return

When in BT for a Partnership, you get a error: Date of commencement entered in box 3.7 must be on or after the 6th April…

personal-tax-period-reform-2024-trade-loss-carry-back-is-showing-as-being-carried-forward-instead

Personal Tax- Period Reform 2024: Trade loss used/carry back is showing as being carried forward (box 79/80)

The Trade comp, Schedules of data and SA100 is currently showing incorrect loss being carried forward being used in the current year (against Other income)…

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PTP TR – Self Employment entries for Basis Period Reform with two sets of accounts

This example relates to a taxpayer who previously had a December year end so the last accounts were made up to 31/12/2022.  The new year…

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Business Tax- CT600B Controlled Foreign Companies ADD button missing

When you load the CT600B screen the ADD button is missing. This is due to your PC settings hiding the button- go to your pc…

personal-tax-period-reform-2024-farmers-averaging-combining-two-periods-incorrectly

Personal Tax- Period Reform 2024: Farmers Averaging combining two periods incorrectly

The Farmers Averaging under the Period Reform 2024 is incorrectly combining the total figures for two accounting periods in the calculation for the same tax…

personal-tax-period-reform-2024-schedules-of-data-is-showing-incorrect-totals-compared-to-trade-comp-etc

Personal Tax- Period Reform 2024: Schedules of Data is showing incorrect Totals

There are TWO different defects in PT affecting the Schedules of Data and the Tax comp and SA100 are correct: 1.The Schedules of Data report…

personal-tax-use-trade-loss-against-capital-gain-cg3-box-46

Personal Tax- Use Trade loss against capital gain (CG3 box 46)

If there is a trade loss and you want to use that against a Capital gain. If a Sole trade loss Run the Trade comp…

personal-business-tax-shareholdings-how-to-add-decimal-entries

Personal/Business Tax- Shareholdings, how to add decimal entries?

IRIS PT and BT may block shareholding values with decimal entries with a warning (for Example share entry of 1.11). PT workaround (two options) Enter…

personal-tax-capital-disposal-with-private-resident-relief-ppr-missing-from-tax-comp-how-to-restrict-loss

Personal Tax- Capital Disposal with Private resident relief (PPR) missing from Tax comp, how to restrict loss?

HMRC Restriction – In Personal Tax you cannot claim any type of relief against a capital loss (For example: The PPR relief will not be…