PTP Spring v25.1.313 service pack
Overview
The IRIS PTP Suite Spring service pack release version 25.1.313 provides you with resolutions to issues found in previous releases.
PTP Tax Return
The tax rates have been updated in PTP CT Platform for 2025.
Resolved issues:
- The transition profit boxes are now showing correctly on the self-employment pages when All tax years is selected.
- Gains qualifying for Investors relief and Post budget gains included in Box 49 on the SA108 are now retained correctly.
- It is now possible to generate the SA104F pages for a Partnership by selecting ‘Tick if Sa104F is required’ on the Allocate Trade or Professional Revenue screen to make basis period reform entries.
- On the SA104F the losses brought forward are now considering losses brought forward from earlier years set off against this year’s spread of transition profit (up to the amount in box 16.3).
- Capital allowances are now correctly being included in the Adjusted profit for an Individual return with self-employment.
Trusts
- Investor’s relief lifetime limit has been updated from £10million to £1million for qualifying disposals for Trusts made on or after 30/10/2024.
PTP CT Platform
The CT600P supplementary page for Creative Industries has been removed from the software.
Due to a late change from HMRC you will not be able to complete the CT600P until April 2026.
It is now possible to make a submission for Creative Tax credits. If any data has been added in the CT600P prior to the Spring service pack release, this has now been removed, and users are advised to review their data in the Creative industries screen.
- The tax rates have been updated in PTP CT Platform for 2025.
PTP Tax Expense
- Tax Expense is now updated to use the latest CO2 rates for 2025-2026.
All tax
Tax legislation and annual updates:
- Updates to Dividends database.
