Did you recently receive a ‘notice to deliver a Company Tax Return’ from HM Revenue and Customs (HMRC) and considering how to go about it. This blog provides you information on all that you need to know about iXBRL filing with HMRC.
From 1 April 2011 all Company Tax Returns for accounting periods ended after 31 March 2010 must be submitted online using the Inline eXtensible Business Reporting Language (Inline XBRL, also known as iXBRL) data standard for accounts and computations.
The online CT submission pack filed through the Government Gateway will need to consist of the following attachments:
Filers have to deal with:
Companies have multiple options to consider when it comes to preparing their iXBRL reports. The best option will depend on the resources available in house.
FinTags, whose subject matters experts have been involved in preparing iXBRL reports right from the time it was mandated by HMRC in 2011, offers a compelling choice for companies seeking to outsource their iXBRL reporting. Besides our accounting and XBRL expertise, we deliver meaningful distinguishing features from our competitors such as:
For more details about our iXBRL tagging services please email us at email@example.com and we will take care of your iXBRL reporting needs
Disclaimer: The views, information, or opinions expressed in this article are solely those of the author and do not necessarily represent those of FinTags and its employees. The purpose of this article is primarily to educate and inform, not to provide specific professional advice. FinTags assumes no responsibility for errors or omissions in the contents. If you have any queries or feedback about this article please email us at firstname.lastname@example.org
Write your comments