The acquisition of Taxfiler complements the IRIS portfolio which includes Keytime, PTP. IRIS now has an a specific solution for the needs of every size of business, from agents and small accountancy practices through to national and international practices.
Lighthouse who have extensive knowledge of the technology sector were delighted to work on yet another deal with the IRIS team and contribute to their successful M&A track record with critical insight and advice. The details of the transaction haven't been disclosed.
Founded in 2012, Taxfiler has rapidly established itself as a cloud-based monthly subscription service for agents and accountants to submit statutory accounts and tax returns for companies, partnerships, individuals and trusts.
Once integrated small practices and tax agents will benefit from a friction free, digital record compliance solution. Regardless of size, IRIS customers can access the best in class products to meet their evolving requirements as the industry embraces Making Tax Digital.