Knowledge Base Articles

personal-tax-period-reform-spread-transition-profit-arising-difference-fse73-1-minus-fse73-2-and-3001-8614

Personal Tax- Period Reform: Spread Transition Profit arising Difference FSE73.1 minus FSE73.2 and 3001 8614

This 3001 8614 has been confirmed as a DEFECT and the IRIS Development team is investigating and once we have news of a fix we…

personal-tax-period-reform-transitional-profits-to-carry-forward-to-2025-2026-2027-2028-etc

Personal Tax- Period Reform: Transitional Profits to carry/bring forward to 2025/2026/2027/2028 etc?

With the 2023/2024 release of Period reform of Transitional Profits and to spread them out over the next 5 years. Period 2023/2024 - If your…

personal-tax-period-reform-spread-transition-profit-arising-difference-fse73-1-minus-fse73-2-etc-and-3001-8611

Personal Tax- Period Reform: Spread Transition Profit arising, Difference FSE73.1 minus FSE73.2 etc and 3001 8611

When you generate you get this Spread Transition Profit arising validation and if you ignore and submit you get a 3001 8611 error. You may…

business-tax-rd-sme-hotfix-release-dec-2024

Business Tax- R&D SME HOTFIX release DEC 2024

This IRIS hotfix resolves these Business Tax issues where: a) R&D SME extra tick boxes are missing (for example to claim the correct 14.5% or…

business-tax-investment-company-corporation-tax-at-25-not-19

Business Tax- Investment company, corporation tax at 25% not 19%

If you are preparing a corporation tax computation for a small company which has consultancy income and some investments, there is nothing set in IRIS…

personal-tax-period-reform-spread-transition-profit-as-arising-difference-fps16-1-minus-fps16-2-must-be-greater-than-zero

Personal Tax- Period Reform: Spread Transition Profit as Arising, Difference FPS16.1 minus FPS16.2 must be greater than zero

You get this warning above when generating a Tax Return as this is because PT is missing date data Load the Client in PT and…

trust-tax-you-have-reached-your-license-package-limit-select-client-that-has-data-entered-for-current-year

Personal Tax- Period Reform: Profit or Loss of the transitional part[FSE73.1] is present so [SA103F Overlap relief not previously deducted on a change of accounting date] should be absent

SA100: Sole trade validation appearing – where there is a sole trade with no transition profits with the overlap is being included in the Transitional Periods…

Knowledge Base Articles

Knowledge Base