As part of a training exercise I had the interesting experience of using the HMRC on-line corporation tax service yesterday, and guess what?
Ever since HMRC announced that it planned to make online filing of company accounts mandatory in the iXBRL format, most of the comments on AccountingWEB.co.uk have centred around the mechanics
With the advent of iXBRL, we've been exploring the possibility of running risk assessments and detailed compliance checks on accounts before they get submitted to HMRC alongside the CT600 form.
Having worked for a large firm for almost 12 years I decided enough was enough, quit and have set myself up on my own ...
The efiling regime for Corporation Tax has forced many accountants to reconsider technical points they used to take for granted.
I am currently having an issue with my accounts software provider and wondered whether someone here could provide clarification.
We have still not committed to an iXBRL accounts productions software package as we are undecided between PTP and Sage.
I have just filed an illegal set of accounts with HMRC!
A few clients of mine have an ampersand (&) in their company name (eg A & B Smith Limited)
There is definitely a cost incurred in implementing iXBRL.