The majority of Corporation Tax suppliers are ahead of schedule on their iXBRL projects according to HMRC's Julian Hatt.
“Confidence is timetables is greater and some of the vendors have gone public with releases earlier than we expected,” he told AccountingWEB.co.uk at the tax department's iXBRL conference at Chelsea football ground in London on Wednesday.
“People have been pleasantly surprised by the range of solutions – not just the number, but the variety too. There are different ways to tackle this challenge.”
Around 500 people attended the event, including a veritable who’s who of the tax and practice software industry including iXBRL pioneer David Forbes; Digita founder Jeremy Rihll on behalf of Thomson Reuters; CCH’s Paul Brace; Andrew Bolton...