Budget day - What happens in a tax software house

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The budget is an important date in accountants' and tax professionals' diaries. Many stay up all night putting together full briefings for their clients which typically are presented in a breakfast session the following day.

For staff at tax and practice software house IRIS, Budget day brings its own challenges and detailed planning well in advance is essential. To keep its 4,200 customers supplied with up to date software any amendments need to be incorporated into the product as quickly as possible. This entails listening closely to any changes the Chancellor announces that may impact on the taxation system.

With the date of the budget set within two weeks of the start of the new tax year, most of the work on the new tax year's software update has already been completed. The product has g...

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