What's new in IRIS Elements

Find out about the changes we've made.

You can also check our known issues, fixes, and what's coming soon.

2022 | 2023 | 2024 | 2025 | Jan 26

IRIS Elements Tax Enterprise

Support for multiple trades

You can now split your limited company's trading activities across separate trades, giving you greater flexibility and clarity in how you organise and report trading income on the Tax Computation.

You can set up each trade with a name, start and end date, and accounting order.

The following data can be allocated across trades:

  • Trade profit/loss postings from Accounts Production

  • Trading adjustments and addbacks, including structures and buildings allowances

  • Capital allowances

  • R&D tax credits

  • Trading losses

    Existing data will automatically be allocated to your first trade.

Product subscription required:IRIS Elements Tax Enterprise

February 2026

IRIS Elements Anti Money Laundering

Download firm-wide risk assessments

We've added the ability to download your completed firm-wider risk assessments in IRIS Elements Anti Money Laundering.

IRIS Elements Accounts Production

Import from QuickBooks™

You can now import your trial balance data directly from QuickBooks.

QuickBooks account required.

Product subscription required: IRIS Elements Accounts Production Professional

January 2026

IRIS Academy

We’re excited to announce the launch of IRIS Academy, the new online platform available to all customers.

Our catalogue of courses and webinars are designed to help you get started with new software, build on your existing knowledge, or learn more about new features at your own pace.

Create an account on IRIS Academy to explore the resources available.

IRIS Academy replaces the IRIS Training Centre.