iXBRL accounts deadline

iXBRL accounts deadline

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Hi

Can you tell me the iXBRL accounts deadline for a 31 Dec 13 year end?

I can't find it on the hmrc wedsite oddly.

Thanks in advance :)

Replies (4)

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By johngroganjga
18th Nov 2014 20:04

If you mean the deadline for submitting the CT return, with the accounts attached, it's 12 months after the year end.

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By DMGbus
19th Nov 2014 08:34

Companies House deadline = 30 Sept

The Companies House deadline for 31 December 2013 (abbreviated) accounts was 30 September 2014.

These (abbreviated) Companies House accounts do NOT have to be in the stupid ridiculous iXBRL format required by HMRC - but some users of HMRC's iXBRL online service do choose to submit jointly to Companies House via HMRC's service.

The two different deadlines (30 Sept Co's House and 31 Dec HMRC CT600) can cause confusion to inexperienced advisors or business owners "going DIY" with accounts filing.

The easier way to file Abbreviated Accounts with Companies House is the downloadable / online .pdf - quite a quick and easy task unlike the filing with HMRC that might take 30 to 60 minutes unless good (ie. not Sage) commercial software is used.

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Replying to lionofludesch:
Euan's picture
By Euan MacLennan
19th Nov 2014 10:47

I don't agree about the filing method

DMGbus wrote:

These (abbreviated) Companies House accounts do NOT have to be in the stupid ridiculous iXBRL format required by HMRC - but some users of HMRC's iXBRL online service do choose to submit jointly to Companies House via HMRC's service.

The easier way to file Abbreviated Accounts with Companies House is the downloadable / online .pdf - quite a quick and easy task unlike the filing with HMRC that might take 30 to 60 minutes unless good (ie. not Sage) commercial software is used.

I don't know why you assert that the iXBRL format is "stupid ridiculous" - it obviously gives the recipients a file which can be read automatically by a computer system and reproduced as a document.

However, it is not just users of the online joint filing service who file iXBRL accounts at Companies House.  Most users of IRIS file abbreviated accounts at Companies House in iXBRL format direct from the software in a matter of seconds, thus avoiding either delays in the post if submitting accounts on paper or the additional time taken (and risk of transcription error) to enter the figures onto a downloaded .PDF template if using CH WebFiling.

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By The Innkeeper
19th Nov 2014 09:30

But

see s19 FA 1998 which states that the flat rate penalty is not charged if the company delivers its return within the time limit imposed by the Companies Act for filing accounts.

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