Knowledge Base Articles

personal-tax-period-reform-2024-student-loan-calculation-is-not-reflecting-the-transitional-periods

Personal Tax- Period Reform 2024: Student Loan calculation is not reflecting the Transitional Periods

IRIS Personal Tax is currently not including the Student Loan calculation in the Transitional Periods. This has been confirmed as a DEFECT within the software…

personal-tax-uk-scottish-welsh-tax-rates

Personal Tax- UK/Scottish/Welsh Tax rates

New Scottish Rates 2024/2025? We have applied the new rates into PT in IRIS version 24.3.2 and later in December 2024. To access the rates…

iris-personal-tax-farmers-averaging-claim-for-the-transitional-period-the-calculation-is-incorrect

Personal Tax- Period Reform 2024: Farmers Averaging claim for the Transitional period the calculation is incorrect

IRIS Personal Tax is currently using the standard period profit and taking off the overlap relief and then averaging the figures. This is not correct…

personal-tax-2024-loss-is-being-carried-back-but-also-been-shown-as-carried-forward

Personal Tax- Period reform 2024 Loss is being carried back but also been shown as carried forward

In Personal Tax: If you have selected to carry back a loss for a sole trade or partnership, the loss is showing to be carried…

personal-tax-period-reform-2024-capital-allowances-are-not-being-deduced-from-the-profit-loss-transitional-part

Personal Tax- Period Reform 2024: Capital allowances and Balancing Charge are not being deducted from the profit/loss transitional part

IRIS Personal Tax is currently not deducting the capital allowances/balancing charge from the profit/loss transitional part on the trade computation, which then shows incorrect on…

business-tax-system-xml-root-element-is-missing

Business Tax- System XML, Root Element is missing OR Fatal Error 2001

These two Error messages occur when you are trying to attach an optional PDF which is too large. The maximum restriction for attaching a PDF…

personal-tax-interest-tax-deducted-does-not-equal-20-of-the-gross

Personal Tax – Interest Tax deducted does not equal 20% of the gross

This applies to all Interest entry where the 20% warning appears: Check the Interest Credited Gross entry, the 20% of it must be entered under…

business-tax-accounts-attached-in-this-return-do-not-pass-hmrc-validation-etc-do-not-contain

Business Tax- Accounts Attached in this Return do not pass HMRC Validation etc ‘Do not Contain’

When generating a BT Tax return and attaching the IXBRL from IRIS AP or from another 3rd party source, you get this validation. This means…

ptp-how-to-re-establish-a-connection-to-the-ptp-taxexpense-database-24-1-232

PTP – How to re-establish a connection to the PTP TaxExpense Database (24.1.232)

To re-establish a connection to the PTP Tax Expense database, please do the following steps. 1. On your computer click on the windows icon and…

kba-03849

PCSR – There was a problem obtaining the next Companies House “Transaction ID”

This issue has been raised with our Development team who are investigating. In the meantime you can use the New Companies House Data Check. Please…