IRIS Software program Group has launched its first part of its AI-powered tax anomaly detection software, transitioning from a compliance software program supplier into AI-powered tax preparation companion.
The AI-powered tax anomaly detection function is now accessible to UK accounting professionals utilizing IRIS Components and IRIS Accountancy Suite at no extra price.
Entry deeper business intelligence
Expertise unmatched readability with a single platform that mixes distinctive information, AI, and human experience.
This preliminary launch kinds a part of an funding technique valued within the multi-million-pound vary, with the goal of creating IRIS as an “AI-first” organisation.
The software integrates with Microsoft Foundry, is constructed on GPT4.1 and presents the power to check present yr tax returns with earlier submissions.
It flags potential discrepancies equivalent to uncommon modifications in revenue, omissions in dividend or curiosity reporting, and attainable guide information entry errors previous to submission to HMRC.
With this primary part now obtainable, IRIS plans two additional rollouts over the approaching 12 months.
As soon as all phases are deployed, it’s estimated that roughly six million working hours could possibly be saved yearly throughout IRIS’s person base, which processes greater than two million private tax returns annually.
IRIS Software program Group CEO Jason Dies mentioned: “This isn’t about including AI options for the sake of it – we’re basically reimagining how our clients work with an AI-first, AI-everywhere method.
“We’re beginning with considered one of our core segments, the accounting occupation, however these AI capabilities will lengthen throughout our complete software program portfolio, payroll, HR and training, remodeling the important work every of our clients do day by day.”
The anomaly detection system was applied into IRIS platforms from mid-November 2025.
It applies AI methods to determine errors early within the course of and goals to help accounting professionals in resolving points earlier than submission.
The second part will introduce validation checks towards HMRC laws and allow automated extraction of knowledge from paperwork equivalent to P60s, payslips, and different supply supplies.
The third part will lengthen automation capabilities additional by together with post-submission monitoring capabilities and robotically generated consumer experiences.
Whereas these AI options are initially being launched inside the accounting phase, comparable upgrades are deliberate for payroll, HR, and training options.
The event of this new software has relied on Microsoft’s AI expertise infrastructure and enormous language fashions.
Microsoft UK & Eire Software program Firm Partnerships director Chris Tuite mentioned: ”By constructing on Microsoft’s safe AI infrastructure, IRIS helps UK accounting practices work extra effectively and precisely throughout their most demanding season by making AI insights obtainable within the circulation of labor.”
The launch comes after IRIS’s acquisition of Dext final yr, an organization specialising in bookkeeping software program that makes use of AI to automate routine administrative actions.
Leave a Reply