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IRIS Business Tax Knowledge Base

181 articles

ias-12076

IRIS Business Tax

How to show a loan taken out by a director within the current account period

Users are required to ensure that the latest version if IRIS has been installed then: 1. Log on to IRIS…

ias-12092

IRIS Business Tax

How do I force a full partnership return?

1. Go to Data Entry (On the left hand side of the screen), Trading and Professional Income and select Business…

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IRIS Business Tax

Menu options have been disabled due to a date conflict.

This error message occurs where a partnership or LLP has a period of 5days or less. This is an Iris…

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IRIS Business Tax

My Partnership data entry is not being saved after a change has been made to it.

1. From the Trades menu select Partnerships, Overwrite/Leave Alone. 2. Enable No - Leave Alone, click OK. 3. Go back…

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IRIS Business Tax

A negative values warning is being generated when refreshing to personal tax

In order to change the Business Tax mappings users are required to: 1. Go to Reports | Self Assessment Details…

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IRIS Business Tax

Unspecified Directors on Corporation tax computation

Users are required to ensure that the directors have been set up correctly and given an accounting order. If the…

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IRIS Business Tax

Capital Allowances in the Enhanced Computation are incorrect for a ltd company

- If the client is supposed to correctly show as a Multiple Trade client then go to Edit | Multiple…

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IRIS Personal Tax, IRIS Business Tax

Personal/Business Tax- How does the 'approval' button work on the transmit internet return screen?

The approval button can be found from the transmit internet return screen and is linked to the Practice Management product…

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IRIS Business Tax

Group Franked Investment Income

Dividends received from group companies should not usually be included within FII On Version 1 Charts (IRIS) 1. Go into…

ias-11887

IRIS Business Tax

Balancing charge on general pool and FYA additions

Business Tax is carrying out the calculations correctly. Expenditure on assets on which FYAs have been claimed is not pooled…