Anybody else find that they keep getting kicked out with no warning after having entered full details of a CT600 or company accounts ? This happens with annoying frequency - just spent nearly an hour creating a new set of accounts, and entering prior year data - come to save, and I get kicked out to the login screen - all data is gone ! I am busy enough as it is - I don't see why I also have to cope with Iris's bugs !
Anybody else find that they keep getting kicked out with no warning after having entered full details of a CT600 or company accounts ? This happens with annoying frequency - just spent nearly an hour creating a new set of accounts, and entering prior year data - come to save, and I get kicked out to the login screen - all data is gone ! I am busy enough as it is - I don't see why I also have to cope with Iris's bugs !
Agreed - see my earlier post. Having now used Elements for a few more days, I dislike it more and more ! Found out today that I have to create a new client for each sole traders self-employed income - really ?? I'm afraid that adding a pretty graph on the front, does not make up for the very poor overall user experience - come on Iris - you should have done a much better job before forcing us to move - you are now risking mass migration to other providers.
I did the migration a week or so ago, and it certainly was not as easy as suggested - required several support calls, and toing/froing and head scratching within Iris. Having now worked with the Elements combo - I am seriously unimpressed. Compared to Taxfiler (1) The user interface is very bland, making it difficult to easily see where you are, and navigate (2) the entry screens are stretched out requiring far more scrolling up and down to find the right box (3) The lists of tax returns/accounts by status are missing. All in all, it will do the job, but it is time consuming, not pleasant to use, and I suspect we will see price increases as soon as Iris have us all captive. I will definitely keep my eyes open for alternatives !
Picking up on the earlier point about holiday lettings.
I was about to complete on a Holiday let purchase, and was aware that the seller, as the ratepayer registered on 1 April, had been given the £8000 Restart grant. These grants were made to help businesses prepare to reopen, and cope with initial slow demand, so I pushed hard to have the grant handed over, because I was one who would effectively be doing the reopening. The seller took offence and cancelled the sale.
My point is - this person has probably had the best year ever, because the business rates grants were at least as good as her normal income, but without the letting hassle. She will now not spend the Restart Grant because she is remarketing, so we have a situation where an individual is legally entitled to a grant, but is clearly not using it as intended.
The grants have been lifesavers to many, but as accountants we will be finding many others who have had the best year ever - its the luck of the draw.
The Trading Account is in a private name, but the payments from customers have come into the company - so total mix up !
(via Google I see there are a couple of providers that accept corporate accounts)
On that basis I could probably argue that the transactions belong to the client personally, or to the company - but either way the intent was definitely to make profit, and the client informs me that further trades have occurred after the company year end, so it moves out of the realms of Hobby - I believe it must fall under either Company Tax, or Self-Assessment.
My answers
Anybody else find that they keep getting kicked out with no warning after having entered full details of a CT600 or company accounts ? This happens with annoying frequency - just spent nearly an hour creating a new set of accounts, and entering prior year data - come to save, and I get kicked out to the login screen - all data is gone ! I am busy enough as it is - I don't see why I also have to cope with Iris's bugs !
Anybody else find that they keep getting kicked out with no warning after having entered full details of a CT600 or company accounts ? This happens with annoying frequency - just spent nearly an hour creating a new set of accounts, and entering prior year data - come to save, and I get kicked out to the login screen - all data is gone ! I am busy enough as it is - I don't see why I also have to cope with Iris's bugs !
Yep - just another small annoyance to deal with that didn't happen with taxfiler !
Agreed - see my earlier post. Having now used Elements for a few more days, I dislike it more and more ! Found out today that I have to create a new client for each sole traders self-employed income - really ?? I'm afraid that adding a pretty graph on the front, does not make up for the very poor overall user experience - come on Iris - you should have done a much better job before forcing us to move - you are now risking mass migration to other providers.
I did the migration a week or so ago, and it certainly was not as easy as suggested - required several support calls, and toing/froing and head scratching within Iris. Having now worked with the Elements combo - I am seriously unimpressed. Compared to Taxfiler (1) The user interface is very bland, making it difficult to easily see where you are, and navigate (2) the entry screens are stretched out requiring far more scrolling up and down to find the right box (3) The lists of tax returns/accounts by status are missing. All in all, it will do the job, but it is time consuming, not pleasant to use, and I suspect we will see price increases as soon as Iris have us all captive. I will definitely keep my eyes open for alternatives !
Picking up on the earlier point about holiday lettings.
I was about to complete on a Holiday let purchase, and was aware that the seller, as the ratepayer registered on 1 April, had been given the £8000 Restart grant. These grants were made to help businesses prepare to reopen, and cope with initial slow demand, so I pushed hard to have the grant handed over, because I was one who would effectively be doing the reopening. The seller took offence and cancelled the sale.
My point is - this person has probably had the best year ever, because the business rates grants were at least as good as her normal income, but without the letting hassle. She will now not spend the Restart Grant because she is remarketing, so we have a situation where an individual is legally entitled to a grant, but is clearly not using it as intended.
The grants have been lifesavers to many, but as accountants we will be finding many others who have had the best year ever - its the luck of the draw.
No problem - I also get annoyed with reviews that are clearly done by the suppliers !
Thanks - I think !
Whilst you are of course completely correct - it has not helped with my actual question ? :-)
Thanks - interesting aspect that I hadn't considered.
I will take a look at the FCA requirements, and advise accordingly.
The Trading Account is in a private name, but the payments from customers have come into the company - so total mix up !
(via Google I see there are a couple of providers that accept corporate accounts)
On that basis I could probably argue that the transactions belong to the client personally, or to the company - but either way the intent was definitely to make profit, and the client informs me that further trades have occurred after the company year end, so it moves out of the realms of Hobby - I believe it must fall under either Company Tax, or Self-Assessment.