Making Tax Digital

The Accountants MTD Solution for Self-Assessment

At IRIS we want to make MTD as easy and as seamless as possible for our users. Which is why we have simply added this new digital way of reporting into the existing products and workflows.

We have released this capability well ahead of mandation so that you can start to take part when you are ready, allowing you time to get your practice and clients prepared and on-board.

Click here if you want to get involved in the HMRC Beta and start submitting quarterly data now.

 



Capturing Your Client Information

  • Pre-population of client data direct from HMRC (video)
  • Seamless import of accounting data from bookkeeping packages and/or spreadsheets all made easier with the use of:

     

Calculating and Verifying

  • Automatic calculations, rules and validations
  • The same workflow as tax return production
  • No new products to learn
  • Tax Returns and MTD submissions all in the same place, making it easy to:
Track client status Manage workload

 Switch from Tax Return
submission to the new MTD routine

 

Reporting and Submitting

  • E-approval on all data from clients before submission onto HMRC via IRIS OpenSpace
  • Quarterly submission of data to HMRC
  • Finalise and complete end of year submission to HMRC

Spreads the pain and workload associated with January throughout the year.

Opportunity to provide more advisory services with access to the data early rather than after the end of the year.



How IRIS is Helping Accountants

For those worried that MTD is approaching too quickly, or who don't feel adequately prepared: don't panic. We're on hand to assist you every step of the way towards a fully digital client roster.

Our Making Tax Digital Hub is the primary online resource for accountants seeking to understand HMRC's new initiative. Visit today to discover an array of tools, guides, videos, webinars and events designed to help guide you along your digital journey and turn transition into opportunity.

VISIT THE HUB


How IRIS is Helping SMEs

Get ahead of the changes in tax by managing your accounts online today. Join the 70,000 KashFlow users who already create quotes and fully customisable invoices, balance their books and keep track of their business spend, all through digital software.

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