Milton Keynes-based tax and practice software house Forbes Computer has been approved by HMRC to file Corporation Tax returns including accounts and computations in the in “inline” iXBRL format.
What do the changes to electronic filing on corporation tax mean for accountants, their clients and software providers? Sage’s Andy Laver explains.
The proposed changes in online filing rules for Corporation Tax are also causing accountants who develop their own accounts production tools to think again.
Companies House and HMRC have agreed a way forward for joint filing of accounts and company tax returns. Mandatory online filing is not far away.
Concerned AccountingWEB.co.uk members and tax/practice software developers have been wrestling with the implications of HMRC’s plans to make electronic filing of Corporation Tax mandatory from
The majority of statutory accounts that get filed with HMRC start life as word documents (or excel), whilst the majority of software houses will (no doubt) write their CT programmes to be compatibl
Just had a leaflet from HMRC stating XBRL format will eventually replace PDF.
Does anyone know how to create an XBRL file or know of a programme that does?
HMRC has started to prepare for Corporation tax to move to mandatory online filing, which is due to commence in 2011.
While many practitioners are buried under tax returns this January, Sage's Accountants Division is pushing forward its strategy to build open data exchange standards into its product portfolio.