If you are thinking of leaving Iris give plenty of notice!!
For those who are getting fed up with slow response times from Iris, unfixed bugs in the program and paying a lot for the privilege, plus annual above inflation price increases, you could potentially be paying through the nose to leave Iris.
SPA has notified practitioners of the following:
"... An SPA member has notified us that as he is selling his practice he needed to cancel his contract with IRIS only to find that as he has not provided sufficient notice he must pay in excess of £3000 for the coming year - despite the fact that he has been with IRIS for ten years they are making no allowances. Please be warned!"
I would have thought Iris should be paying practitioners £3,000 to compensate for the increasingly poor level of service and increasingly high charges, but it seems this thought has not crossed their mind.
It seems nothing has changed since the poor treatment I received when I left Iris a few years ago and then went back to them - despite having paid quarterly prior to leaving they insisted on me paying a year up front when I returned! It seems it's all part of their service.
- Letting relief on property transferred to a spouse 230 7
- Charge for use of credit card - permitted 291 7
- Flat rate Vat Scheme & Vat on wholesale production of Cakes and other deserts 243 10
- New Built in oven - allowable as repair? 232 4
- Accounting for Bank Loyalty Rewards? 95 1
- General tax book with planning 224 5
- Anybody heard of Geniac, the new De Lorean? 152 3
- tax on apprenticeship income 191 1
- are receipts needed? 531 14
- Gift of property & improvements 149 3
- VAT Invoice 205 6
- VAT code for invoice from not VAT registered company 280 5
- Error in past Corporate tax return 377 6
- Limited Company - Personal Bank Account 3,275 69
- 2013/14 failure to submit end of year submission 312 11
- Company overdue but wants to be struck off 821 32
- IHT and Swiss Property 140 1
- Sale of house with planning permission - tax free? 264 3
- Vat code for journal entries of director's expenses 178 2
- Claiming VAT and missing receipts 478 10
- Skandia using wrong address 1,622
- Nil Rate Band Trust - index linked debt by way of charge over property 903
- International interest certificate 514
- NOVA 369
- Have we escaped Gift with Reservation of Benfit & Pre-owned asset charges? - Gift after benefit 309
- Management expenses for investment company 269
- Bonus Bonds 263
- Entertainer withholding tax in Australia 177
- Going to need a tax, insolvency and legal specialist I think 157
- P11D benefit received by widow 153