# IRIS set to close UK digital gap
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-02-28
Category: TECHNOLOGY
Category URL: https://financedigest.com/category/technology
Meta Title: IRIS Warns Accountants to Act Now for Making Tax Digital
Meta Description: Prepare your small business clients for the April 2018 MTD deadline with IRIS' KashFlow for Accountants & WebPortal. Stay ahead in the digital tax
URL: https://financedigest.com/iris-set-to-close-uk-digital-gaphtml

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As HMRC’s ‘Making Tax Digital’ (MTD) moves closer, IRIS is today warning accountants they must act now to close the digital gap plaguing UK small businesses.

The initial deadline for MTD compliance remains April 2018 and there is work to be done throughout the industry to ensure businesses are prepared, regardless of their attitudes towards digital transformation.

This comes on the day IRIS Software announces the launch of two new digital products to support accountants on their MTD journey; [KashFlow for Accountants](http://go.iris.co.uk/kashflow-accountant-online-bookkeeping.html?utm_medium_kfc=Press-release&utm_source_kfc=iris-comms&utm_campaign_kfc=FY17a-KF-KashFlow-HUB&utm_content_kfc=28-Feb) and [IRIS WebPortal](https://www.iriswebportal.co.uk/?utm_campaign=webportal&utm_source=iris-comms&utm_medium=press-realease&utm_content=28-feb).

The former enables accountants to provide a branded, online bookkeeping bureau service which facilitates MTD compliance, sustainable for both clients at the forefront of digital adoption, or those still working with paper receipts, physical account books or spreadsheets.

Sion Lewis, CEO of IRIS Accountancy Solutions, says, “Small businesses find themselves at different stages of the [digital journey](https://www.financedigest.com/drive-embarks-on-digital-sustainability-journey-starting-with-streaming-technology-partner-seenthis.html "Drive embarks on digital sustainability journey, starting with streaming technology partner SeenThis"). Many accountancy firms work with a diverse selection of clients – some have embraced digital as early adopters while some may never have even heard of MTD before. However, regardless of where they stand currently, by April 2018 the majority of small businesses and sole traders need to comply to the new [digital tax](https://www.financedigest.com/self-employed-taxpayers-and-making-tax-digital.html "Self-employed taxpayers and Making Tax Digital") regulations. This is why we’re releasing the KashFlow for Accountants package, to offer accountants the tools needed to manage their clients’ books and offer invaluable business advisory services, regardless of how [digitally advanced their systems](https://www.financedigest.com/the-laser-enucleation-system-market-to-despise-monotony-with-digitization.html "The Laser Enucleation System Market to despise monotony with digitization") are.”

The [package includes four key](https://www.financedigest.com/packaging-and-textile-industries-key-driver-for-digital-printer-market-demand-2021.html "Packaging And Textile Industries : Key Driver For Digital Printer Market Demand 2021") elements:

- **KashFlow** –  an online bookkeeping and payroll solution for accountancy firms and their small business clients;
- **KashFlowRapidfire** – a platform for accountants with ‘batch-entry’ [digital record keeping](https://www.financedigest.com/the-stem-cell-banking-market-to-keep-up-the-digitized-momentum.html "The Stem Cell Banking Market to keep up the digitized momentum") for paper-based clients
- **KashFlow Connect** –  to [manage multiple clients from a single platform](https://www.financedigest.com/iot-platform-wells-up-south-africas-silulumanzi-water-utility-power-asset-management-savings-and-monitoring.html "IoT Platform Wells Up South Africa’s Silulumanzi Water Utility Power Asset Management Savings and Monitoring")
- **Gearshift** –  to provide forecasting, [analysis and reporting](https://www.financedigest.com/xylooligosaccharide-market-size-share-and-trends-analysis-report-by-product-types-and-applications-forecast-to-2029.html "Xylooligosaccharide Market Size, Share And Trends Analysis Report By Product Types, And Applications Forecast To 2029") for business advisory services.

Sion Lewis, CEO of IRIS Accountancy Solutions, says, “With this capability, accountants can position themselves at the forefront of the [digital tax revolution](https://www.financedigest.com/the-fintech-digital-revolution-will-continue-in-2022.html "The Fintech Digital Revolution Will Continue in 2022") as indispensable advisors to their clients. They can take complete ownership for [online bookkeeping and ensuring they avoid](https://www.financedigest.com/how-to-avoid-online-dating-scams.html "How To Avoid Online Dating Scams?") the pitfalls of failing to comply with government legislation.”

It isn’t just small businesses embarking on a [digital journey, and IRIS WebPortal supports accountants on their road to MTD by providing a web-based platform to showcase and enable the digital services](https://www.financedigest.com/how-digital-identity-verification-will-revolutionize-security-defenses-in-the-financial-services-industry.html "How Digital Identity Verification Will Revolutionize Security Defenses in the Financial Services Industry") they can offer prospective clients.

Sion Lewis, CEO of IRIS Accountancy Solutions, says,, “In the connected age, websites are the digital shopfront for businesses in every sector. Showcasing a strong online presence has never been more important and enables clients to judge whether a firm is qualified to manage MTD compliance on their behalf. A poor [digital representation could be the difference between continued business growth](https://www.financedigest.com/the-pharmaceutical-isolators-market-to-get-filtered-through-organic-digitized-growth.html "The Pharmaceutical Isolators Market to get filtered through organic digitized growth") and failing to attract and retain clients. This is why IRIS WebPortal offers tailored websites, optimised for use on mobile devices and complying with the latest [changes to Google Rankings to ensure](https://www.financedigest.com/developmental-best-practices-must-change-to-ensure-the-post-pandemic-recovery-of-financial-services.html "Developmental best practices must change to ensure the post-pandemic recovery of financial services") strong SEO at all times.

“Uniquely for accountants, IRIS WebPortal features an  integrated Client Area providing access to KashFlow for bookkeeping and IRIS OpenSpace for document exchange between the practice and their clients. This fully branded portal creates a seamless digital journey for the accountant’s clients.

“IRIS has an unrivalled track record in [delivering industry](https://www.financedigest.com/cavai-and-azerion-deliver-industry-first-with-conversational-in-stream-video.html "Cavai and Azerion deliver industry first with conversational in-stream video") leading software that ensures full legislative compliance, empowers practice productivity and facilitates online client collaboration for the accountancy profession and MTD is no exception. These launches are yet another step on the journey towards MTD and one which will simplify what could be a very complex path over the [next](https://www.financedigest.com/effective-integration-will-improve-mobility-in-the-tl-sector-over-the-next-five-years.html "Effective Integration Will Improve Mobility in the T&L Sector Over the Next Five Years") year.”


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