IRIS Business Tax
Solve the tax return challenge and ensure compliance
Without the right support, completing a client’s tax return means dealing with addbacks, disallowable expenses, manual data entry, and other time-consuming, low-value work.
And however complex the tax calculations involved, clients expect complete compliance with HMRC as standard.
With our business tax return software, you can complete even the most complex tax returns in a matter of minutes with almost no data entry required, and file fully compliant tax documents directly to HRMC.
IRIS Business Tax
Create and approve tax returns from a single-page
You can watch the video to learn more about IRIS Business Tax, its benefits and how it works.
Time-saving functionality
Achieve better results, faster than ever
With IRIS Business Tax, you can take care of otherwise time-consuming tax compliance work in a fraction of the time
- Ensure compliance with the latest HMRC legislation; no need to manually update settings
- Auto-populate tax returns by pulling from IRIS Accounts Production
- Review tax returns from the interactive editing area for convenient, ad-hoc amending
- File directly with HMRC and track submission status – all from your IRIS software.
Automatic calculations
Powerful, compliant tax return calculations
Handle even the most complex tax matters with IRIS Business Tax’s automated calculation features.
- Calculate capital allowances automatically, ensuring compliance with the latest HMRC legislation
- Use the integrated CO2 emissions database to calculate the correct allowances for vehicles
- Keep track of written-down values, additions, disposals and balancing charges; and double-check calculations at a glance via the summary
- Rely on the software to automate complex tax calculations, including enhanced R&D, losses, and capital gains tax.
IRIS Business Tax
How can IRIS Business Tax support your accountancy practice?
-
Complete tax management
Generate and complete business tax computations for corporates, partnerships, sole traders, and other types of clients. Plus, rely on comprehensive capital allowances and capital gains calculations.
-
One single client record
Work from a universal client record when combined with IRIS Accounts Production. Pull accounts data and populate tax returns automatically to reduce manual data entry and improve accuracy.
-
Fully integrated
Connect with other IRIS Accountancy Suite products like Accounts Production and Personal Tax – share data across your entire system and do everything you need to do from a single screen.
-
Free bookkeeping tool
Access IRIS Elements Cashbook for free and support your sole trader clients by providing them with an intuitive, step-by-step bookkeeping tool and unlimited bank feeds.
-
iXBRL tagging
Rely on compliant iXBRL tax computation as standard, providing you with automated iXBRL tagging for greater productivity and easier management of extended period computations.
-
Convenient and user-friendly
Designed to be easy to use and simple to set up, you can work from a single screen and use the intuitive editorial area to review draft documents and make quick changes.
Frequently Asked Questions (FAQs)
-
While IRIS Business Tax is an integrated part of the IRIS Accountancy Suite, you can use the Business Tax module as a standalone solution. You do not need to purchase and use the full suite to use the Business Tax module.
IRIS Accountancy Suite is a comprehensive yet flexible accountancy solution, allowing you to pick and choose from a wide range of accountancy modules to meet your unique needs.
If you’d like to learn more about IRIS Accountancy Suite, get in touch via this contact form and one of our expert advisors will be in touch shortly.
-
IRIS Business Tax is part of the IRIS Accountancy Suite; a complete solution made with accountants in mind.
As such, IRIS Business Tax works seamlessly with IRIS Accountancy Suite modules like:
- IRIS Accounts Production
- IRIS Personal Tax
- IRIS Practice Management
- IRIS Time and Fees
- IRIS Company Secretarial
- IRIS OpenSpace
- and more.
To learn more, view the complete list of IRIS Accountancy Suite modules.
-
As an integrated part of IRIS Accountancy Suite, IRIS Business Tax is available as either a self-hosted desktop solution or you can begin your transition to the cloud by hosting it with IRIS Anywhere.
This gives you the flexibility to choose which type of access option best suits the needs of your practice.
-
To purchase IRIS Business Tax, please fill in the contact form on this page to arrange to book a demo of the product.
Once you’ve submitted your details, our helpful team of product experts will be able to advise you on how to set up the demo – or, if you’d prefer to skip the demo, how to purchase the software.
-
Whether you need technical support or guidance on how to make the most of IRIS Business Tax, there is help available.
Current customers and users can visit the IRIS Business Tax Help Centre for a wealth of information on how to use the software, including comprehensive FAQs.
Simply email support@iris.co.uk to submit an enquiry or call 0344 815 5555 to be connected to our software support team.
Related products
-
Free 30 days Manage and submit tax returns flexibly and efficiently
Simplify how you create and manage corporate, partnership, and personal tax with scalable cloud-based software. Integrate with other accountancy solutions for even greater efficiency.
-
Prepare client accounts in record time
Generate accurate client accounts in minutes with IRIS Accounts Production and ensure compliance with the latest UK GAAP and IFRS reporting requirements.
-
Save time and boost efficiency across your practice
IRIS Practice Management works as the hub of your practice or firm. Track, manage, and customise a range of functions, including staff, clients, jobs, and communications.
-
Secure document sharing and electronic approval
Upload and share accountancy documents with your clients and facilitate quick and convenient electronic approval.
Connect with your clients and improve your accounting practice’s workflow with IRIS OpenSpace.
-
Stay ahead of the curve with compliant personal tax filing
HMRC-recognised personal tax accountancy software helping you generate, manage and submit compliant self-assessment tax returns and P11Ds.
-
Make the most of every billable hour of business
IRIS Time and Fees is a powerful tool for monitoring work in progress.
Record all time and expenses with ease, ensure every billable hour is captured, and improve how you collect fees from clients.
-
Handle essential accountancy admin – for you and your clients
Take care of all secretarial duties faster and with less fuss – and support your clients with the same service to ensure they can stay compliant and avoid significant late filing penalties.
Want to find out more?
Look no further than IRIS Business Tax for the all-in-package providing flexibility,
business continuity, and device management