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3023 articles

personal-tax-2025-trade-loss-carry-forward-to-next-year-incorrect-missing-on-sef4-box-80

Personal Tax – 2025 Trade loss carry forward to next year incorrect/missing on SEF4 Box 80

If you do not have a (Self Employment) Trade period dates of for example 05/04/24, 05/04/25, 05/04/2026 etc then there is a DEFECT on IRIS…

personal-tax-2024-25-farmers-averaging-incorrect-missing

Personal Tax- 2024/25 Farmers Averaging incorrect/missing

Personal Tax may provide incorrect or missing figures for Farmers Averaging in 2024 and 2025 on the IRIS version 25.1.4.42. The IRIS Development team has…

personal-tax-2025-partnership-profit-incorrect-on-trade-tax-comp-but-sa100-is-correct

Personal Tax- 2025 Partnership profit incorrect on Trade/Tax Comp/SOD but SA100 is correct

The Partnership share of taxable profits is correct in the partnership SA100, under the PT trade summary section. However for the Tax computation and Trade…

trust-tax-3001-4020-4065-error-number-of-other-trust-rate-trusts

Trust Tax- 3001 4020 4065 Error ‘Number of Other Trust rate Trusts’ OR Missing information (Special ID11)

Entered a value in Page 5 Box 9B.1 (Go to Data Entry/Trusts/Other Trust information/'Number of other trusts' field) but when you generate you get error…

business-tax-invalid-data-entry-amount-of-loan-0-00-and-cannot-edit-values-under-loans-screen-25-1-3-33

Business Tax- Invalid Data Entry: ‘Amount of Loan 0.00’ and cannot edit values in loans screen. Validation-box a15 must equal sum all and 3001 9401(Manual Fix)

This may also show as error 'Validation-box a15 must equal sum all amount loan amount in column A10b, value 0 is is invalid due to…

personal-tax-trade-profit-incorrect-on-tax-comp-25-1-3-33

Personal Tax- Trade Profit incorrect on Tax Comp 25.1.3.33 (Fixed)

If you are NOT on IRIS version 25.1.3.33, then please update to this version as there was a fix released on the incorrect calculation on…

personal-tax-enter-crypto-in-capital-gains

Personal Tax- Enter ‘Crypto’ Assets in Capital Gains?

With the IRIS version 25.1.0, users can now enter 'Crypto Asset' Capital Gains. Load PT and the client and select year Dividends Capital Assets Other…

business-tax-partnership-error-total-balancing-charges-amount-in-box-3-23-must-equal-3-153-15a3-17-etc

Business Tax- Partnership error Total Balancing Charges Amount in Box 3.23 must equal 3.15,3.15a,3.17 etc (Fixed)

This is a DEFECT and there is a JULY fix released on IRIS version 25.2.0. If the data is originally from BT and still incorrect…

personal-tax-sole-trade-cis-deduction-missing-on-tax-return-sef5-box-81

Personal Tax- Sole Trade ‘CIS deduction’ missing on Tax return SEF5 Box 81 (Fixed 25.1.3)

This is a DEFECT which occurs on IRIS Software Version 25.1.0 and fixed on the 25.1.3 IRIS Service Pack release. Open the Sole Trade period,…

personal-tax-run-a-paper-or-e-checklist-and-crashes

Personal Tax- Run a Paper OR E-Checklist and crashes

Personal Tax is crashing while its running/producing the Paper or E-Checklist for 'All Clients' and 'Range of clients'. You may get a message iwinptax.exe has…