IRIS Elements Tax is a cloud-based tax software for accountants, designed to streamline tax return preparation and submission. It offers three plans: Essentials, Professional, and Enterprise, catering to practices of various sizes and complexities. The software supports a wide range of tax returns, including personal, partnership, and corporation tax. Key features include direct submissions to HMRC, automatic calculations, and integration with accounting data. The Professional and Enterprise plans offer additional functionalities such as specialized returns, capital allowances calculations,...
Vendor
IRIS Capital
Company Website
IRIS Elements Tax is a cloud-based tax software solution designed for accountants to efficiently prepare and submit tax returns for individuals, partnerships, and companies. It offers three tiered plans to accommodate practices of varying sizes and client complexities. The software provides comprehensive support for a wide range of tax returns and supplementary pages, automated calculations, and direct submission to HMRC.
Key Features
Comprehensive Tax Return Support Covers a wide range of tax returns and supplementary pages
- SA100, SA800, CT600 and associated forms
- Specialized returns like SA102M, SA102MP, SA102MS, SA102MLA, SA102MSP
Automated Calculations and Submissions Streamlines tax preparation process
- Automatic tax computations and calculations
- Direct submissions to HMRC
- MTD compliant with VAT Filer functionality
Benefits
Improved Efficiency Saves time and reduces errors in tax preparation
- Automated calculations and pre-populated fields
- Integration with accounting data
- Carry forward of data year to year
Enhanced Compliance Ensures adherence to tax regulations
- Up-to-date with latest HMRC requirements
- Automatic iXBRL tagging for corporation tax
- 98% submission acceptance rate with HMRC