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IRIS Business Tax Knowledge Base

181 articles

ias-10823

IRIS Business Tax

How to enter property investment income

Users are required to: Manually enter the investment income through business tax by competing the following: - Edit | Posting…

ias-10739

IRIS Business Tax

Warning message appears if Legacy Data hasn't been allocated to Multiple Trade

Users are required to Select:- Edit | Posting | Allocate the postings to a specific trade otherwise they will not…

ias-10736

IRIS Business Tax

Currency conversion available for Yen and Swiss Franc

The following currencies are as follows: UK Pound (£) US Dollar ($) The Euro (€) Yens (¥) Swiss Franc (Fr)…

ias-10595

IRIS Business Tax

How to suppress the capital allowance addition warning in Business Tax?

For limited companies, select Edit | Corporation Tax Computation Options and tick the box 'Suppress Capital Allowance Addition Warning.' For…

ias-10456

IRIS Business Tax

Business Tax crashes when generating reports or the electronic tax return

This can be caused by a hyphen (-) in the Client Identifier. To resolve this, do one of the following:-…

ias-10430

IRIS Business Tax

Not able to print off a short CT600 due to entry in box 123

As there is no box 123 on the short CT600 a full CT600 must now be generated. The reason that…

ias-10398

IRIS Business Tax

How can wear and tear allowance be entered?

Users are required to: 1. Log on to IRIS Business Tax and select the client 2. From the Edit menu…

ias-10393

IRIS Business Tax

Business Tax- Screens are greyed out after entering Multiple Trades

WARNING: If you set up multiple trades for a client, it cannot be reversed/removed i.e there is no option to…

ias-10387

IRIS Business Tax

Companies where only Interest Received is to be taxed

1. Log on to IRIS Business Tax and select the client 2. Edit | Corporation Tax Computation Options | Suppress…

ias-10388

IRIS Business Tax

Property Letting Company Computation

There is a functionality within Business tax to change the schedule DI income to schedule A income. Users are required…