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IRIS Business Tax Knowledge Base

181 articles

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IRIS Business Tax

How do I enter private use on an individual asset?

The Capital Allowances option operates in the same way for a Sole Trade and Partnership as it does for Limited…

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IRIS Business Tax

Business Tax- Changing a Sole trader to a partnership

Client | View - Change the business type to a Partnership Client | View | Related | Involvements. Enter relevant…

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IRIS Business Tax

Do other CT600 attachments need to be converted to iXBRL?

No, it will still be possible to include these documents as PDF's as you do now.

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IRIS Business Tax

Is it possible to write off the balance on a small pool?

Users are required to: 1. Log into Business Tax and select the client. 2. From the Edit | Capital Allowances.…

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IRIS Business Tax

How many Business Tax licences have been used?

To get a clearer idea of how many licences are being used in Business Tax, please follow the below steps:…

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IRIS Business Tax

How to suppress profits from the trade on the Corporation Tax computation?

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

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IRIS Business Tax

There is a rounding difference on the carry forward value of the general pool

Users may wish to amend the pool brought forward value for a number of reasons: 1. In situations where the…

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IRIS Business Tax

iXBRL Corporation Tax Computation not shown in landscape layout

By default IRIS Business Tax will produce an iXBRL Corporation Tax Computation with a portrait page orientation initially. This is…

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IRIS Business Tax

Error 9202 - Cannot file an amendment after allowable due date

Users will be required to submit the return by post as it is ourtside the window for filing online

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IRIS Business Tax

Does the 64-8 need to be in place before returns can be submited online?

As per guidance from the HMRC: - Registered agents would NOT need a 64-8 in place if using IRIS software.…