IRIS Autumn 2025 release v25.3.0

Overview

The IRIS Accountancy Suite Autumn release version 25.3.0 includes updates to Dormant Company Accounts and information about the pending updates to ECCTA Identity verification coming in November. In Personal Tax, MTD ITSA capabilities continue to be strengthened and in Business Tax, new Visual Effects expenditure support within AVEC claims. And in Trust Tax, comprehensive support for trusts transitioning to tax year basis taxation. In Practice Management the email functionality has been significantly enhanced. The release also includes the usual legislative updates.

IRIS Company Secretarial

AA02 – Dormant Company Accounts
Form AA02 has been updated, Dormant Company Accounts, to use the latest FRC 2025 Taxonomy for electronic filing to Companies House.

ECCTA Identity Verification (IDV) update
From 18 November 2025 all companies will need to ensure current Directors, PSC’s and LLP Members have their identities verified either with Companies House directly or through agents as Authorised Corporate Service Providers (ACSP’s). Any new appointments of the same role will also need to be verified.

Changes are currently being implemented to make both Company Secretarial and Company Formation products ready for the launch. These changes are currently planned for the Autumn service pack due in early November. Once the service pack has been installed the product will continue to work as it does today and then from the 18^th will dynamically change to include the relevant new form and Companies House filing schemas

IRIS Personal Tax

Making Tax Digital for Income Tax Self-Assessment (MTD ITSA)
IRIS Personal Tax continues to strengthen MTD ITSA capabilities with significant enhancements:

Enhanced MTD threshold data mining – identify clients eligible for MTD from April 2026.
Auto-creation of HMRC-held data – automatically populate employments and state benefits from HMRC records, reducing manual entry and improving accuracy.
Improved error handling – better diagnostic tools for resolving submission errors.
Updated API compliance – latest HMRC API updates for continued compliance.
Enhanced data entry controls – ensures adherence to HMRC digital record-keeping requirements.

IRIS Business Tax

Audio Visual Expenditure Credit (AVEC) – VFX Support
New Visual Effects expenditure support within AVEC claims:

Enter and calculate VFX expenditure alongside other qualifying costs.
Apply the enhanced 39% credit rate for VFX (effective April 2025).
Benefit from VFX exemption from the standard 80% core costs cap.
Generate compliant CT600 returns for qualifying British-certified productions.

IRIS Trust Tax

Basis Period Reform – 2024/25 Implementation
Comprehensive support for trusts transitioning to tax year basis taxation:

Calculate and manage transition profits for affected trust businesses.
Complete SA900 returns with basis period reform calculations.
Handle the move from basis periods to tax year taxation for 2024/25.
Ensure compliance with new legislation for trusts with trading income.

All Tax

Tax Legislation updates:

Updated dividend database – latest announced dividends for accurate income calculations.
Refreshed paper checklists – current tax year changes incorporated.
Enhanced CT taxonomy tagging – improved accuracy for Limited Company submissions.

IRIS Practice Management

Enhanced email functionality:

Implemented Microsoft Graph API to enable seamless integration with IRIS Practice Management ahead of SMTP end of life support from Microsoft.
Improved User experience to include Practice disclaimer and User signatures.
Ability to send emails to client’s with cc and bcc fields.
Support to use HTML formatting when sending emails, image imbedding, and adding/removing attachments.