iXBRL

 

Upcoming Changes for Non-UK Resident Companies with Property Income

19 Aug, 2019  Posted By admin   Posted in iXBRL

Significant changes are on the horizon for the ca. 22,000 non-UK resident company landlords that have UK property income. Specifically, from 6 April 2020, these companies will come into the charge of UK corporation tax and will no longer be … Continue reading

 

When Do they Accept Late Submission without Penalty for ACRA?

25 Jan, 2019  Posted By Thenvi Subin   Posted in iXBRL
Tags:

All private limited companies which are based in Singapore need to be compliant with Accounting and Corporate Regulatory Authority (ACRA). Annual filings are essential for active as well as dormant Singapore companies. If you fail to meet ongoing compliance requirements … Continue reading

 

Introduction to Structured Data Standard: XBRL

20 Dec, 2018  Posted By Thenvi Subin   Posted in iXBRL
Tags:

XBRL(eXtensible Business Reporting Language) has gained popularity as one of the most popular mediums for sharing financial data among financial publishing houses, stock broking firms, security regulators, accounting organizations etc. What makes XBRL user-friendly is the fact that each information … Continue reading

 

The Significance of Malaysian Business Reporting System

20 Dec, 2018  Posted By Thenvi Subin   Posted in iXBRL
Tags:

In Malaysia, all firms (public as well as private) have to register themselves with Suruhanjaya Syarikat Malaysia (SSM), the Malaysian regulator. Its responsibility is to improve and promote the supply of business details and create a facility in which the … Continue reading

 

Role and Significance of Companies and Intellectual Property Commission

20 Dec, 2018  Posted By Thenvi Subin   Posted in iXBRL
Tags:

A few years ago, the Companies and Intellectual Property Registration Office (CIPRO) was replaced by Companies and Intellectual Property Commission (CIPC). Since this new act came into being, there has been a significant change in the way business owners register … Continue reading

 

How Does iXBRL Affect My Business’ Accounts Preparation and Reporting Process?

07 Dec, 2018  Posted By Thenvi Subin   Posted in iXBRL
Tags: , ,

From 1 January 2010, legislation has been in place in the U.K. that requires companies to file their accounts and computations with HMRC in Inline XBRL (iXBRL) format in respect of returns submitted on or after 1 April 2011. There … Continue reading

 

The Importance of Finding the Right Managed Tagging Service Provider

25 Oct, 2018  Posted By Shabeer   Posted in iXBRL
Tags: , , ,

Since April 2011, legislation has been in place in the UK that requires the vast majority of companies to submit their corporation tax returns and accompanying financial statements in iXBRL format to HMRC. As a result, companies – especially large … Continue reading

 

Missed your Corporation Tax filing deadline with HMRC? You can still avoid late filing penalties

21 Sep, 2018  Posted By Shabeer   Posted in iXBRL
Tags: , ,

Have you been issued a penalty notice from HMRC for not filing your corporate tax returns? Worry not. You may still be exempt from late filing penalties if you are victim to a valid, excusable reason. In the UK, companies … Continue reading

 

Financial Reporting Council (FRC) updates iXBRL taxonomies, effective on or after 1 January 2019

17 Aug, 2018  Posted By Shabeer   Posted in iXBRL
Tags: , , , , , , , , ,

The Financial Reporting Council (FRC) has made updates to iXBRL taxonomies that will take effect on or after 1 January 2019. Keeping with the recent amendments, FRC has also said that early adoption will be accepted only if both the … Continue reading

 

Ireland Revenue accepts new iXBRL taxonomies – Irish GAAP (FRS102), FRS101 and EU IFRS

27 Jun, 2017  Posted By Balaji M   Posted in FRS102, iXBRL, Revenue, XBRL
Tags: , , , , , , ,

Revenue Ireland introduced additional taxonomies (FRS 101, FRS 102 and EU IFRS with Irish extensions) on 16th December 2016, as a Public Working Drafts (PWD). Interested parties were invited to review the PWDs for the three additional taxonomies and provide … Continue reading

 

Pin It on Pinterest