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TaxCalc vs IRIS Elements: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better TaxCalc or IRIS Elements?

We compare them based on real user reviews, prices and what features they both offer.

TaxCalc homepageIRIS Elements homepage
 

TaxCalc vs IRIS Elements Basics

TaxCalcIRIS Elements
Software WebsiteTaxCalc WebsiteIRIS Elements Website
HMRC MTD StatusIn DevelopmentIn Development
Who Can Use It?Businesses, Accountants, and Self-employedBusinesses and Accountants
HMRC Listed FeaturesNoneNone
PlatformsCloud-based applicationCloud-based application
Note data for this section comes from HMRC here and here

TaxCalc vs IRIS Elements Reviews

Wondering if TaxCalc or IRIS Elements has better user reviews. We compared them below.

TaxCalcIRIS Elements
Trustpilot Rating3.53.6
Number of Trustpilot Reviews271616
iPhone App RatingNo RatingNo Rating
Number of iPhone ReviewsNo ReviewsNo Reviews
Android App RatingNo RatingNo Rating
Number of Android ReviewsNo ReviewsNo Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

TaxCalc vs IRIS Elements Prices

Which is cheaper TaxCalc or IRIS Elements? Here are their prices compared.

TaxCalc pricingIRIS Elements pricing

Free Plans & Trials

TaxCalcIRIS Elements
Free Plan?NoNo
Free Trial?YesYes
Free Trial Length?14 days30 days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

TaxCalcIRIS Elements
Cheapest Plan Cost Per Month£7.00£3.00
Mid-Tier Plan Cost Per Month£11.83£9.00
Top Plan Cost Per Month£13.00£25.60
Data taken from each company’s website at the time of writing but may have since changed.

TaxCalc vs IRIS Elements Features

TaxCalc featuresIRIS Elements features

TaxCalc Basic Features

  • Compliance and Filing
  • Fast and Simple Data Entry
  • Full Client Visibility

TaxCalc Software Integrations

  • Signable
  • QuickBooks
  • ACCOUNTS
  • FreeAgent
  • Xero

IRIS Elements Basic Features

  • Sole Trader & Partnerships​
  • Limited Company FRS105, FRS 102S1A & Dormant​
  • Simple chart of accounts – fixed account descriptions​
  • Simple trial balance entry​
  • Direct electronic filing to Companies House​

IRIS Elements Software Integrations

  • KashFlow
  • Xero
  • Quickbooks
  • HMRC

Common Feature Comparison

TaxCalcIRIS Elements
Payroll Software IntegrationYesYes
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesNo
Create InvoicesNoYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingYesNo
ProjectsNoNo
Bank Feed IntegrationNoYes
End of Year FilingsYesYes
Capture Bills And ReceiptsYesNo
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsNoNo

TaxCalcIRIS Elements
Pros
  • Affordable cost
  • Can complete multiple returns
  • Prior years programs available
  • Unlimited support
  • Free trial
  • Making Tax Digital Ready
  • Automated Compliance
Cons
  • Integration with document signing could be improved
  • Requires a software installation limits
  • Sometimes it freezes
  • Lack of intergration with practice software
  • Management account preparation
  • No app

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