Adding a new tax rate for v4 users

On 6th April 2008 the income tax rate in the UK will decrease to 20%. You can add the new rate to your IRIS Donor Strategy configuration by following these simple steps:

  1. When in IRIS Donor Strategy, go to the Control Panel
  2. Double-click on Config Data
  3. You should be taken straight into the Tax Rate screen
  4. Click on the ‘Add’ button to create a new rate
  5. In the Description column enter 06/04/2008
  6. Enter the Tax Rate as 20
  7. Untick the Higher Rate box (so it is white with no tick)
  8. Enter a Tax Rate ID that follows on from the previous Tax rate
  9. Click on the ‘Apply’ button to save the new rate
  10. Close the Database Configuration
  11. Exit the Control Panel

Note: Some users have experienced problems in entering a Tax Rate ID. If you encounter this please carry on through to stage 11 without an ID. Whilst still in the Control Panel go to Data Fix and make sure that Resynch ID’s is ticked (Un tick the other options). Click on Run Fixes and this will ensure that the new Tax Rate ID is filled in for you.

The new rate will be available for all users and will take effect when entering receipts with a date on or after 6th April 2008.