Knowledge Base Articles

personal-tax-how-to-use-eis-share-loss-against-current-income-tax

Personal Tax- How to use EIS/SEIS Share loss (Negligible value) against current income tax?

NOTE: If you want to carry back a share loss to past year then read this KB To use EIS/SEIS share loss against current years…

business-tax-invalid-data-entry-income-if-charity-or-non-profit

Business Tax- Invalid data entry ‘All Charitable and/or ‘Income’ (If Charity or Non profit)

It may show with one or both of these two warnings (and may affect a non charity as well): 1.Load the client and select relevant…

business-tax-how-to-tick-box-40-or-45-and-show-bank-details-on-ct600

Business Tax: How to tick Box 40 or 45 and show Bank details on CT600?

Load the client and select the relevant periodData entry, SummaryFor box 40 Under ‘Repayment Claim’ – ticking YES or ‘For this period’ – this will…

personal-tax-use-trade-loss-against-current-income

Personal Tax- Use Sole/Partnership Trade loss against current income?

1.Load the client and select correct year 2. on the left side go to TPV, STP and select the correct period 3. IF a Partnership…

kba-03797

PTP CT – Box 530 is not populating with the amount of the R&D tax credit claim

HMRC made a change in April 2021 regarding the circumstances in which box 530 is populated in conjunction with the introduction of the CT600L form. …

kba-03796

PTP CT – How to carry back a trading loss to a previous period

1. Click the fanned pages icon at box 160 to access the Losses notepad and record the amount of the loss being carried back in box…

os-110-issues-with-client-creation-in-iris-openspace

OS-110: Issues with client creation in IRIS OpenSpace

There are multiple messages referring to client creation issues, this article details the scenarios and corresponding resolutions. The “Email address not available” error means the…

p11d-car-make-model-missing-electric-option

P11D and PT- Car make/model missing, Electric option missing

The Car benefit % value is calculated using 4 factors: Read this KB NOTE: If a Electric Van zero emission using 2024/25 HMRC rules at…

business-tax-why-box-530-rd-credit-etc-is-not-filled-in

Business Tax- CT600L missing and why box 530 R&D tax credit etc not filled in?

With the launch of the HMRC form CT600L in 2021, the way that BT calculates box 530 has now changed. The HMRC have advised that…

business-tax-need-tax-return-master-report-like-in-personal-tax

Business Tax/P11D – Need Tax return Master report like in Personal tax

Business tax/P11D only has the preset inbuilt reports and there isn't yet a report like in PT called 'Tax Return Master list' etc. Create active…

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