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IRIS Personal Tax Knowledge Base

349 articles

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IRIS Personal Tax

The PAYE bulk update tool has been ran, how to access the log file

Users are required to: Right click on the IRIS icon and select Properties Within the short cut tab which is…

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IRIS Personal Tax

Personal Tax- How are capital losses offset against capital gains and edit it?

IRIS PT automatically offsets the current year gains against current year losses or brought forward losses. The losses usage are…

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IRIS Personal Tax

Personal Tax- 3001 6591 Capital Gains Tax box [CAL5] does not agree with the calculated value of +/-£x value

3001 6591 is a general HMRC warning that you have a Capital gain/share entry where a value entry or tick…

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IRIS Personal Tax

How to carry back a loss so an amended return can be submitted

This Knowledge base item is purely for entries that need to be entered on the 2014 return. For entries on…

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IRIS Personal Tax

Error 6591 the capital gains tax due amount entered in box [CAL5]

This message can occur if the tax credit on the clients dividend income has been overridden and is not 10%,…

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IRIS Personal Tax

The client's capital gain made after 26/6/2010 is being taxed at 28%

The 28% rate is applicable if the clients total taxable income including capital gains is above the upper limit for…

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IRIS Personal Tax

IRIS does not appear to be applying the matching rules in the correct order

If a client makes further acquisitions to a shareholding after the original holding was fully disposed of, users are required…

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IRIS Personal Tax

Foreign dividend income is being grossed up on the tax computation

This has occurred due to changes in the way that foreign dividend income is treated for the 2009 tax year…

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IRIS Personal Tax

How to fill in box 10 on page T 1 of the Tax Return

Users are required to: 1. Log on to Personal Tax and select client. 2. Select Trusts, Settlements and Estates, select…

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IRIS Personal Tax

How to fill in box 12 on page T1 of the Tax Return.

Users are required to: 1. Log on to Personal Tax and select client. 2. Select Trusts, Settlements and Estates, select…