IXBRL, what does it change for me?
I have been trawling the web for answers but I am still a bit in the dark on IXBRL.
I have a limited company that doesn't have a lot of activity at all, just some very simple income and costs is all what's in the accounts.
Every year I do the webfiling and I submit a paper version of my accounts to HMRC.
Now the new IXBRL thing comes in and: http://www.hmrc.gov.uk/ct/ct-online/file-return/xbrl-guide.pdf this guide is not very clear in my opinion.
Can somebody maybe explain in bulletpoints:
- If I can use the free software by HMRC to file accounts?
- Is there any reason for me to buy any software to be compliant with the iXBRL standard?
- Entrepreneur's Relief - Disposal over a period of time 175 3
- Late RTI filing re SMP 101 3
- Self Help Accountancy Book for Client 159 3
- VAT registration on digital services supplied outside UK within EU 96 6
- Additional information attached to accounts 185 2
- CIS Software 115 1
- Company assets 365 16
- Can anyone recommend a fax send/receive service which I can use via email? 223 6
- MoneySoft 169 2
- Best way to advise a limited company client 75 1
- How to convert a pdf file to.. 661 10
- Payroll cessation and missing overtime 146 2
- Self assessment 152 1
- Claiming VAT 127 2
- Do you have to declare business expenditure on a personal credit card on your P11D? 1,123 15
- VAT on Acquisitions and Exempt Supplier 176 4
- Corporation tax on gains from one company to another 277 10
- HMRC website & Adobe Reader 272 5
- Basis period (2nd yr) for a partnership, please any suggestions would be really helpful 156 1
- Auto-enrolment - fact or fiction? 513 9
- Straight line write off of Purchase Goodwill ??? 504
- Has anyone been affected by the RBS payment breakdown? 479
- Is there anything wrong with this? 281
- Do subcontractors on work for residential (student accomodation) construction 267
- Uncommercial property business 243
- Apple Employees - RSU vesting and tax witheld 204
- Registering online CWF1 184
- VAT - registration needed? 181
- Zoho software in small accounting and bookkeeping practice 180
- Accrued income scheme 179