Name: IRIS Elements - The first ever end-to-end cloud accounting solution
Uploaded: 2022-06-16T17:05:09.000Z
Duration: 3 min 10 s
Description: IRIS Elements - An end-to-end cloud accounting solution

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IRIS Elements Tax and Accounts is a tax software solution designed to streamline tax processes and ensure compliance for accountancy firms and professionals. This software is tailored for start-up, small, and medium-sized practices in the accountancy industry. It caters to a wide range of professions and industries, including accountancy firms, accountants, tax professionals, financial consultants, and small and medium-sized businesses.

## Key Features

**Tax Returns**: According to the vendor, users can prepare tax returns for individuals, partnerships, and companies with a clean and intuitive online interface.

**Tax Computations**: The software includes built-in calculators to perform accurate tax computations and calculations.

**Direct Submissions**: Users can seamlessly submit tax returns directly to HMRC for efficient processing.

**Data Retrieval**: According to the vendor, the software can retrieve personal data from HMRC, saving time and reducing manual data entry.

**MTD Compliance**: The software is compliant with Making Tax Digital (MTD) requirements, according to the vendor.

**VAT Filer**: Users can connect directly to HMRC APIs and submit VAT returns easily, as claimed by the vendor.

**Supported Returns**: In addition to Tax Essentials, the software supports various tax returns such as SA102M, SA102MP, SA102MS, SA102MLA, SA102MSP.

**Supplementary Pages**: The software allows the inclusion of supplementary pages like CT600B, CT600D, CT600E, CT600H, CT600J in tax returns.

**Automatic Capital Allowance Calculations**: According to the vendor, the software performs automatic capital allowance calculations, simplifying the process for users.

**Integrations**: The software seamlessly integrates with KashFlow, Xero, Quickbooks, and HMRC APIs, enabling users to import data for enhanced efficiency and accuracy.

IRIS Elements Tax and Accounts (replacing the former Taxfiler, acquired by IRIS), is a scalable accounting software in the cloud – including Personal, Partnership, Trust and Corporation Tax as well as Accounts Production. Taxfiler by IRIS has been incorporated into IRIS Elements and is now IRIS Elements Tax & Accounts.

OfficeTools Cloud is cloud-based accounting practice management software designed to enable firms to track client work and collaborate with their team anytime, anywhere, from any browser. OfficeTools is an CARET brand.

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IRIS Elements Tax and Accounts

Tax Practice Management

IRIS Software Group

IRIS Elements - An end-to-end cloud accounting solution

IRIS Elements - The first ever end-to-end cloud accounting solution

It’s here! The first ever end-to-end cloud accounting solution – one platform, one experience, one shared customer record.

From bookkeepers and sole practitioners to large accountancy practices, Elements offers unique flexibility, scale and powerful automation.

Leaving you to focus on your customer and growing your practice.

Find out more: https://www.iris.co.uk/products/iris-elements/

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Tax Practice Management Software

IRIS Elements Tax and Accounts
Formerly Taxfiler

Overview

What is IRIS Elements Tax and Accounts?