Tax Checklist

IRIS has what it takes to support your tax work...

IRIS Business Tax

Fulfils trade clients' obligations

• Trade profit/loss computation
• Partnership return
• Capital allowances
• Industrial and agricultural building allowances
• Leased expensive cars
• Integration with Personal Tax
• Internet filing for partnership returns

Fulfils corporate clients' obligations

• Corporation tax computation
• CT600
• Capital allowances
• Industrial and agricultural building allowances
• Leased expensive cars
• Non-corporate distributions
• CT600 supplementary pages A to J
• Loss relief
• Deferred taxation

IRIS Personal Tax

Everything you need to meet clients' personal tax obligations

• Supports the SA100 and all backing schedules
• Also includes R40, SA303, 64-8, P11d, P9D, bP11d(b), and P46(Car)
• Manages client share and asset portfolios, including calculation of gains
• Automatic taper relief and indexation calculations, share pooling and identification rules, and calculating part disposals - all standard

Ensures personal tax work progresses smoothly

• Easy data entry using tree view navigation
• Client review and client information request tools available such as checklists, and draft return reports (schedules of data)
• Run 'what if' computations to better advise clients
• Alerts users to missing information
• Begin filing electronic tax returns immediately (just your agent ID and password required)
• Client account to maintain details of payments on account made by the client
• Future year access for forecasting purposes

IRIS Trust Tax

Supports the complete range of schedules, forms, computations:

• SA900 and backing schedules SA901, SA902, SA903, SA904, SA905, SA906
• Includes full schedules of data, computations, forms 64-8, SA303 and 41G
• Form R185, with a refresh function as standard to include information on the beneficiary's tax return
• Includes a module similar to IRIS Personal Tax for managing client share and asset portfolios, including the calculation of gains
• Automatic taper relief and indexation calculations, share pooling and identification rules, and ability to calculate part disposals – all standard
• Annual exemptions can be adjusted for various trust types

Makes trust tax work a straightforward task

• Run 'what if' computations to better advise clients
• Easy data entry using tree view navigation

Software provides every support to deliver comprehensive service with:

• Full schedules of data
• Simple report showing the tax computation and facsimile forms 64-8, SA303 and 41G for new trusts
• Form R185 for discretionary trusts, estates in administration and IIPs
• Future year access for forecasting purposes

IRIS Dividend Service

Automated equity and unit trust dividend service

• Calculates client's dividends automatically and updates tax computations and returns
• Holds details of over 2,600 securities, covering the main indexes and 2,000 unit trust funds
• Details updated each month
• Data supplied includes dividends paid since 1997
• Automatically updates 'defunct' holdings