IRIS Personal Tax

IRIS Personal Tax enables you to complete self-assessment tax returns and P11D forms with ease and file online. Designed for partners of UK accountancy practices and tax agents, it is compatible with HMRC's Making Tax Digital Income Tax Pilot.   

  • Save time and money - Complete self-assessment tax returns with ease and file online at the touch of a button
  • Compliance work made easy and efficient due to amount of data shared and automatic calculations
  • Seamless data imports from KashFlow and CSV
  • Unlike other products, Personal Tax collects data direct from HMRC 
  • Allows data to be collected direct from client via secure online service at no additional cost using e-Checklists


The Challenge

Making Tax Digital (MTD) is one of the biggest changes for accountancy in decades and the transition from Tax Returns to MTD is going to take a lot of planning and organisation. Not only will it mean increased workload but managing clients from one scheme to the other at different points is going to be difficult to handle. Tax Return approval can be a time consuming and costly process when clients need constant reminding or leave things till the last minute. Despite this and MTD being a major change, clients just expect the work to be accurate and on time.  


The Solution

IRIS Personal Tax enables you to be MTD compliant and makes processes around this easy and efficient, thanks to data sharing and automated calculations. HMRC recognised IRIS’s readiness for MTD by officially listing us as the first agent software provider capable of supporting the MTD pilot. We are still just one of four. MTD solutions are built within the existing products, so there are no new products to learn. Moving clients from Tax Returns to MTD can be handled and easily tracked in the one product. With the integration to IRIS OpenSpace, communication with clients is simple and makes the Tax Return approval process quick and easy.   


Benefits of IRIS Personal Tax 

Compatible with HMRC's Making Tax Digital Income Tax Pilot, compliance work is easy and efficient due to the amount of data shared with Personal Tax and the automatic calculations. MTD functionality allows submission of quarterly trading and land and property data as part of the pilot. Enables you to complete self-assessment tax returns and P11D forms with ease and file online including all supplementary pages (except MPs) with IRIS.


Fully integrated  

Integration with IRIS Business Tax, IRIS Trust Tax, IRIS Dividend Service, IRIS Payroll and IRIS P11D allows the data already collected to be shared seamlessly with IRIS Personal Tax - drastically reducing the need to re-key information and reducing the risk of error. 


Automatic calculations

IRIS Personal Tax automatically carries out all tax calculations using the data already entered. For example, basis periods, foreign tax credit relief, farmers averaging, capital gains tax and top slicing relief so there is no need for separate tools or manual calculations.

Seamless data collection

E-Checklists mean collecting data is easy and seamless, with clients entering their data and importing directly into Personal Tax. Pre-populates client data direct from HMRC, with the ability to review and compare to figures entered in IRIS before deciding to use them. Import trade and land & property data directly into Personal Tax from a CSV file of from KashFlow removing the need to pass simple data through Accounts Production and Business Tax or from having to re-key directly into Personal Tax. 


IRIS OpenSpace helps you work closer and more intuitively with your clients. 
You can upload, store and approve documents online. It's in 'The Cloud' so it's always accessible from any location, 
and it's fully integrated into the IRIS Accountancy Suite making it quick and easy to use.
You can store as much as you like, for as long as you like. 
If you are a UK based accountancy business we will even give you 1GB of free storage to get you started.
Additional space can easily be purchased from as little as £5 per GB per month or get a 15% discount 
for an annual subscription to 10GB by clicking the web store link above.

IRIS Personal Tax provides instant solutions for:

  • Producing all supplementary SA100 schedules (except MPs), tax computations, schedules of data and checklists produced
  • Automating calculations on the data already entered
  • Completion and submission of forms P11D, P9D, P11D(b) and P46(car) - it comes with a P11D module included in the price
  • Advanced client export/import facilities to support remote working, for example on client site
  • Managing client share and asset portfolios, including calculation of capital gains
  • Pre-populating client data - made available via MTD - meaning you can clearly see and select it and utilise the information already held by HMRC when completing a client’s return
  • Accessing dividend information and automatically transfering details to tax return modules 


“With IRIS, we can prepopulate the information from HMRC at the touch of a button while we are speaking with the client. This convinced us that IRIS had tax completely sorted.” Read More                                                                       Shepherd’s Chartered Tax Advisers & Accountants

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