IRIS Elements Tax includes functionality to produce personal, partnership or corporation tax returns, together with the ability to file VAT returns. The following table shows the functions available with each plan.
IRIS Elements VAT Filer is included with both Tax Essentials and Tax Professional. If you intend to subscribe to either of these products, make sure that you cancel your IRIS Elements VAT Filer subscription to avoid being unnecessarily charged.
| IRIS Elements Tax Essentials | IRIS Elements Tax Professional |
| Personal, partnership and corporation tax returns | Personal, partnership, corporation and trust tax returns |
| Tax computations and calculations | Tax computations and calculations |
| Built in validations and warnings to prevent rejected submissions | Built in validations and warnings to prevent rejected submissions |
| Retrieve personal data from HMRC | Retrieve personal data from HMRC |
| VAT Filer | VAT Filer |
| MTD compliant | MTD compliant |
| Includes forms CT600B, CT600D, CT600E, CT600H, CT600J | |
| Capital allowances and R&D calculations | |
| Your own feed with up-to-date news on FTS10 and FTSE250 dividends | |
| Foreign Tax Credit Relief | |
| Add watermarks to tax returns | |
| Enhanced capital gains including business asset disposal tracking, part disposal of assets and split usage assets | |
| Ability to apply global default settings | |
| Farmers averaging calculations |