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62.5%
Time saved in tax preparation
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95%
Error reduction
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£44,930
Estimated amount mid-sized firms
could save annually*.
*based on implementation of all three phases of AI roll out.
AI where it matters
Saving mid-sized firms an average of 1,250 hours per year.
Anomaly Detection
Prevent errors, resolve issues and boost profitability quickly.
FREE – Available now
Intelligent Tax Preparation
Validate against HMRC rules the smart way. Save time by automatically extracting data from P60s, payslips, and more.
Coming Soon
Full End-to-End Automation
Enjoy even more efficiency, including post-submission monitoring and AI-produced client reports.
Coming Soon
Why Choose IRIS?
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AI can revolutionise accounting
- Recent research shows that:
- 91% of accountants currently use AI for researching tax matters and drafting documents.
- Two-thirds are planning adoption within three years.
- Accountants aged 18-24 show a 29% higher adoption rate, signalling a generational shift toward AI-enabled practice management.
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Our Tax Anomaly Detection Tool offers several features.
- Comparison of current year and previous year’s tax returns side-by-side.
- Automated anomaly detection identifies unusual variations in income, expenses, and deductions.
- Suggested actions with explanations for each detected anomaly.
- Integration with existing IRIS tax solutions.
- Risk scoring with colour-coded health indicators to visualise your status (Green/Amber/Red).
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Full deployment delivers significant results
- Once fully deployed, the AI tool will release approximately 6 million hours back into the profession across IRIS’ customer base, which files more than two million Personal Tax Returns annually.
- Mid-sized firms are expected to save an average of 1,250 hours per year,
- Smaller firms are predicted to save a minimum of 250 hours per year.
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Quality, speed and growth
- Cut personal tax prep time from 4.5 hours to as little as 1.5 hours per return.
- Quality-verified AI-powered anomaly detection prevents costly errors and penalties.
- Scale your operations and manage 3x more clients during peak season without extra staff.
Let’s talk AI & Tax
Whether it’s IRIS Elements or IRIS Accountancy Suite, our AI is there to help you and your practice. Let’s explore your options.
Frequently asked questions
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The Tax AI tool is built on Microsoft Foundry. Microsoft Foundry is a unified Azure platform-as-a-service offering for enterprise AI operations, model builders, and application development.
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All personal data is removed from the tax returns before being process by the IRIS Tax Anomaly Detector. All data is encrypted and only HTTPS transport methods are used.
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All data is hosted and processed in the UK.
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No, any data analysed is not made publicly accessible and cannot be used by external AI models.
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