IRIS Elements Tax
Prerequisites
Before starting to create any tax returns, you must:
- Set up a connection with HMRC — This connects your IRIS Elements account with your HMRC account, giving permission for data to be exchanged.
- Set up online filing passwords — You can enter and store your agent HMRC login credentials so that you don't have to enter them each time you submit a return.
You're now ready to start the tax return process. You can check the tax status at any time.
The process
Fill in a new tax return
Create and complete the tax returns:
- Create a new individual tax return (SA100)
- To help gather the figures you need, you can send a tax return questionnaire to individual clients.
- Create a new company tax return (CT600)
- Create a new trust tax return (SA900)
- Create a new partnership tax return (SA800)
Review the tax return
Once you've completed all the required sections:
- Check the tax calculation
- Review the tax return to check for any errors
If able to, warnings can be corrected but errors must be cleared before the return can be submitted.
Prepare a tax return for filing
Preparing a tax return for filing makes the return ready for client approval, generates an IRmark for digital submission, and also prevents any further data from being added
Obtain client approval
You must get approval from your client before submitting the return to HMRC. You can download and send a variety of documents to your client.
Once approval has been given, mark the return as approved and prepare to submit the return.
Submit the return
Once approval has been received, you're ready to submit the return to HMRC.
The submission process sends the return, along with any attachments, to HMRC via the Government Gateway. HMRC validates the return and either accepts or rejects it.
You cannot submit tax returns until you have a full subscription. Go to the Marketplace to chose the appropriate subscription for your practice.
Amend and resubmit a return
There may be occasions when you need to make amendments to a return that has already been submitted. If this is required, you must cancel the submitted return, then amend and resubmit. The method varies slightly depending on the return type: