Knowledge Base Articles

personal-tax-how-to-create-add-a-new-employment-business-in-pt

Personal Tax- How to create/add a new Employment Business in PT?

This is assuming you have not already added/created this business into AP/BT first and instead adding it into PT directly. If the business was initially…

personal-tax-when-loading-a-specific-client-pt-closes-with-error-no-error

Personal Tax- When loading a specific client, PT closes with error/no error?

IF 'PT crashes running any report' (not when loading client)- Read these two KBs as known defects in 2025 KB1 and KB2 Personal Tax closes…

business-tax-llp-partnership-land-and-property-the-amount-in-box-n1-19-must-equal-the-box-in-1-39

Business Tax- LLP/Partnership, land and property: ‘The amount in box N1.19 must equal the box in 1.39’

You have a LLP/Partnership with land and property income but you get error 'The amount in box N1.19 must equal the box in 1.39'. This…

personal-tax-incorrect-dates-values-on-trade-and-tax-comp

Personal Tax- Incorrect dates/values on Trade and Tax Comp

When generating a Trade computation -there are unknown dates are being applied which are also giving incorrect values (which also show incorrectly on the Tax…

business-tax-invalid-data-entry-payenicforwhichthecompanyisliableinthisaccountingperiod

Business Tax- Invalid data entry: PAYENICforWhichTheCompanyIsLiableInThisAccountingPeriod

This issue creates an incorrect value on the R&D box L168. This is a DEFECT in IRIS Software Version 24.3.2. This issue will be FIXED…

personal-tax-period-reform-sole-trader-changed-to-partnership-get-zero-transitional-profits-why

Personal Tax- Period Reform: Changed to Partnership OR Sole Trade, get ZERO Transitional Profits

This was a DEFECT- If you have Sole trader which has changed to a Partnership or a Partnership which has become a Sole trade (for…

personal-tax-farmers-averaging-partnership-partners-values-show-a-difference-compared-to-other-partner

Personal Tax- Farmers Averaging Partnership- Partners Values show a difference compared to other partner?

Both partners had exactly the same tax liability and figures entered yet the farmers averaging no longer match between the two partners when they should.…

business-tax-capital-allowances-incorrect-if-accounting-periods-longer-than-18-months

Business Tax- Capital Allowances incorrect if Accounting Periods longer than 18 months

BT is not creating 2 capital allowance periods / computations where the period is in excess of 18 months. This issue has been confirmed as…

personal-tax-period-reform-sole-trader-changed-to-partnership-should-not-calculate-transitional-profit-tax

Personal Tax- Period Reform: Sole trader changed to partnership, should not calculate transitional profit/tax

This was a DEFECT with IRIS Version 24.3.2/24.3.0 where a Sole trader changed to partnership in the 2023/2024 period and it still calculates the transitional…

personal-tax-uk-property-adding-a-new-joint-partner-and-crashing-pt

Personal Tax- UK Property/Dividends adding a new joint partner and crashing PT

If you go to Personal Tax - Select a client - UK Land and Property - UK Property Income - Click on the spyglass next…

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