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IRIS customers set new record for electronic filing of tax returns

22 Feb 2008

According to internet filing statistics for 2007, just released by HMRC, IRIS customers have set a new record, filing over 1 million internet tax returns using the Group’s tax software packages, IRIS Personal Tax, Business Tax and Trust Tax (www.iris.co.uk) and PTP Tax Return, Partnership Return and Trust Return (ptpsoftware.co.uk).

The exact number of returns filed including individual, partnership and trust, stands at 1,111,349.  

 

This figure is higher than the total number of returns filed using the HMRC online service and represents the lion’s share, 40% of all tax returns filed, using third party software.

 

Interestingly, the statistics suggest that despite the best of intentions to file tax returns at a steady pace throughout the year, 50% of the returns filed using IRIS Software took place in just one month of the year – January. This is as many as they filed during the 9 month period from April through to December.

 

IRIS customers have always shown themselves to be at the forefront of the internet filing revolution and should cope with ease to meet the mandatory internet filing for agents brought in by the Carter’ reforms.

 
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