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3023 articles

trust-tax-25-3-non-resident-capital-gains-but-missing-blank-cg-comp-pages

IAS 22319 Trust Tax – 25.3 Non-resident Capital gains but missing/blank CG Comp/pages (26.1 fix)

When the Trust is non-resident the capital gains computation/pages should be produced. Since April 2019, non-resident trusts have been subject to UK CGT on the…

business-tax-post-01-04-2024-rd-sme-and-rdec-intensive-tax-credits-box-653

Business Tax- Post 01/04/2024 R&D SME and RDEC – Intensive tax credits (Box 653)

From 2025 new BT rules for R&D and RDEC With effect from 01/04/2024 the SME and RDEC scheme's were merged and to be in a…

business-tax-non-uk-resident-tax-rate-want-25

Business Tax- Non-UK Resident Tax Rate want 25%

Load BT and then load the client and the relevant period. The 'Rate of Tax' is based all the entries been made below: Go to…

personal-tax-25-3-0-2024-farmers-averaging-incorrect

Personal Tax- 25.3.0 2024 Farmers Averaging incorrect (Fixed 25.4)

This is a known DEFECT on version 25.3.0 where the 2024 Farmers Averaging calculation is incorrect. Our Development team is looking to release a fix…

ias-22165-business-tax-25-3-manual-postings-will-not-show-correctly-on-tax-comp

IAS 22165 Business Tax- 25.3 Manual Postings will not show correctly on Tax Comp (Fixed 25.4)

If you go to Business Tax - Edit and Posting and add a entry, this will not show on the Tax computation correctly (Shows as…

business-tax-quarterly-instalments-reminders-not-working

Business Tax- 25.3.0 Quarterly Instalments Reminders not working

In IRIS Version 25.1.0/25.2.0/25.3, In Business Tax- the Quarterly Instalment payment reminder are due warning should be auto loading in BT. There is a known…

ias-personal-business-trust-when-generating-a-tax-return-report-it-wont-load-and-iris-may-crash

IAS Personal/Business/Trust- When generating a Tax return/Report it wont load and IRIS may crash?

When generating a SA100/CT600 etc Tax return - starts to process/validate it but it stops/keeps thinking/nothing loads up (may freeze/crash). When generating a Report like…

business-tax-25-2-25-3-rd-calculation-incorrect-19-and-not-25

IAS21948 Business Tax- 25.2/25.3 R&D calculation incorrect (19% and not 25%)

IRIS has raised a issue where the R&D % rate being charged is incorrect. It is charging it at the incorrect 25% rate, because the…

personal-tax-25-2-0-validation-loss-brought-forward-sum-of-fse73-1-and-error-3001-8616-and-8618

IAS21867 Personal tax- 25.2.0 Validation ‘LOSS BROUGHT FORWARD Sum of FSE73.1’ and error 3001 8616 and 8618

If you are on IRIS version 25.2.0 and when generating you get the Validation error 'LOSS BROUGHT FORWARD, The sum of FSE731 and/or Total Taxable…

accounts-production-tagging-detailed-profit-loss-accounts-frs105-the-concept-labels-greyed-out

Accounts Production- Tagging Detailed Profit & Loss accounts (FRS105), the concept labels ‘greyed out’

It has been reported on IRIS Version 25.2 when trying to tag the detailed profit and loss accounts particularly in frs 105 sets of accounts,…