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3027 articles

iris-personal-tax-farmers-averaging-claim-for-the-transitional-period-the-calculation-is-incorrect

Personal Tax- Period Reform 2024: Farmers Averaging claim for the Transitional period the calculation is incorrect

IRIS Personal Tax is currently using the standard period profit and taking off the overlap relief and then averaging the figures. This is not correct…

1 minute length
Posted: 3rd July 2024
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personal-tax-2024-loss-is-being-carried-back-but-also-been-shown-as-carried-forward

Personal Tax- Period reform 2024 Loss is being carried back but also been shown as carried forward

In Personal Tax: If you have selected to carry back a loss for a sole trade or partnership, the loss is showing to be carried…

1 minute length
Posted: 3rd July 2024
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personal-tax-period-reform-2024-capital-allowances-are-not-being-deduced-from-the-profit-loss-transitional-part

Personal Tax- Period Reform 2024: Capital allowances and Balancing Charge are not being deducted from the profit/loss transitional part

IRIS Personal Tax is currently not deducting the capital allowances/balancing charge from the profit/loss transitional part on the trade computation, which then shows incorrect on…

1 minute length
Posted: 3rd July 2024
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business-tax-system-xml-root-element-is-missing

Business Tax- System XML, Root Element is missing OR Fatal Error 2001

NOTE: 'System XML, Root Element is missing' can be a generic warning of either a PDF is too large, an address/postcode field entry is too…

1 minute length
Posted: 27th June 2024
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personal-tax-interest-tax-deducted-does-not-equal-20-of-the-gross

Personal Tax – Interest Tax deducted does not equal 20% of the gross

This applies to all Interest entry where the 20% warning appears: Check the Interest Credited Gross entry, the 20% of it must be entered under…

1 minute length
Posted: 25th June 2024
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business-tax-accounts-attached-in-this-return-do-not-pass-hmrc-validation-etc-do-not-contain

Business Tax- Accounts Attached in this Return do not pass HMRC Validation etc ‘Do not Contain’

When generating a BT Tax return and attaching the IXBRL from IRIS AP or from another 3rd party source, you get this validation. This means…

2 minutes length
Posted: 20th June 2024
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ptp-how-to-re-establish-a-connection-to-the-ptp-taxexpense-database-24-1-232

PTP – How to re-establish a connection to the PTP TaxExpense Database (24.1.232)

To re-establish a connection to the PTP Tax Expense database, please do the following steps. 1. On your computer click on the windows icon and…

1 minute length
Posted: 13th June 2024
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kba-03849

PCSR – There was a problem obtaining the next Companies House “Transaction ID”

This issue has been raised with our Development team who are investigating. In the meantime you can use the New Companies House Data Check. Please…

1 minute length
Posted: 12th June 2024
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iris-vat-filer-guide

IRIS VAT Filer starter guide – Setup and Submitting

IRIS VAT Filer guide for the IRIS Accountancy Tax product. The IRIS Knowledgebase has answers to a majority of issues, please do search for an…

6 minutes length
Posted: 4th June 2024
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kba-03848

PTP PTR/TR – Partnership entries for Basis Period Reform without any change of Accounting Period

If the business already has an Accounting Period year end between 31st March and 5th April there is no change required.  If the business is…

2 minutes length
Posted: 31st May 2024
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