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 April 2011. John Stokdyk delves into the debate.
As part of the Carter programme to increase efiling, Corporation Tax returns will have to be filed online from 1 April 2011, relating to periods ending on 1 April 2010, which means the current period for many companies. The new rules will not apply to amendments of earlier returns.
Following recent publicity from the department, and the publication of draft legislation to allow it to mandate the delivery of computations as inline XBRL (iXBRL) files, are filed, the topic has become a regular Any Answers fix...
About John Stokdyk
John Stokdyk is the global editor of AccountingWEB UK and AccountingWEB.com.