Brings maximum benefits to IRIS users
IRIS Trust Tax is inherently flexible. It can be run as a
stand-alone system, where you simply enter the details straight
into the programme to produce your returns. However, maximum
advantage is gained when data flows to and from other IRIS
modules...
- Individuals already on the central database can be brought into
IRIS Trust Tax as trustees or beneficiaries, with all their details
coming with them. At the same time, any data held on clients within
IRIS Trust Tax flows into their tax computations to show the
complete position at year end.
- Job progress can be tracked using IRIS Practice
Management.
- Two event triggers are automatically generated by IRIS Trust
Tax - when the client is created and when the final return is
printed.
- Links to IRIS AutoMail provide covering letters as well as a
letter of engagement.
- Users of IRIS Time & Fees can record work in progress and
produce invoices based on work done on Trusts.
- IRIS Trust Tax uses the same sophisticated Capital Gains Tax
module as IRIS Personal Tax, centralising the storage of all
capital assets and dividend payments.
- The IRIS Dividend Service contains a database of UK company and
UK unit trust dividends paid so that dividends can be inserted into
the Trust Return at the touch of a button.
Flexible and easy to use
The Trust and Estate Tax Return can be generated with a single
click. You can print the entire return or any of the following
component parts:
- SA900 Main return
- SA901 Sole Trade
- SA902 Partnership
- SA903 Land and Property
- SA904 Foreign pages
- SA905 Capital gains
- SA906 Non-residence pages
The software also
includes full schedules of data, computations and facsimile forms
64-8 (for easy
client set-up), SA303 and 41G for new trusts. The product
supports many different trust types.
Form R185 is provided for discretionary trusts, estates in
administration, funded unapproved retirement benefit schemes, and
Interest in Possession trusts.
