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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…

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. In this example for 2024…