Knowledge Base Articles

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3040 articles

ias-12071

P11D class 1a NIC is not being calculated on telephone benefits

To view all expense codes and whether Class 1a is relevant please do the following:- Choose the expenses on the right hand side within P11d…

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Imported dividend shows effective date of 1/1/1990 with an amount of £0.00

This scenario occurs if the company in question had declared dividends but then makes the decision not to pay the dividend. When this occurs the…

ias-12028

Director has no remuneration but the HMRC require the employment pages

Users are required to: 1. Log into Personal Tax and select the relevant client. 2. Go to the Employment section and click on the option…

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How to enter Other losses brought forward.

Users are required to: 1. Log on to IRIS Business tax and select the client 2. From the Edit menu choose Losses 3. You can…

ias-12125

Error 7680 in Maximum Outstanding

Users are required to: 1. Log on to IRIS P11D and select the employer 2. Click the employee/director who has a loan benefit 3. From…

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How can files be attached to an Electronic Tax Return?

Within the Electronic Return Options screen - where the options for test and final are displayed there is a button labelled Select External PDF. This…

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Personal/Business Tax- Error 3001 ‘4 code’ appears after

This 3001 is a standard rejection message generated by the HMRC indicating that the Tax Return has been rejected. A further '4 digit' code will…

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Personal Tax- Share/clone a jointly held Capital Asset?

The 'Clone' button within the Capital Assets data entry screens will allow the information entered into one record to be copied to another. Users are…

ias-12110

Asset disposal restricted to cost on the computation

If the proceeds are higher than the cost of the asset, the amount used to calculate the balancing charge/allowance is restricted to the cost of…

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How to use the full rate of tax for a limited company

Users are required to: 1. Log on to IRIS Business tax and select the client 2. From the Data Entry menu, select Company Information 3.…