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Latest News
XBRL UK releases XBRL sample reports and other guidance
XBRL UK has released a set of samples of financial data in XBRL format. These show the use of XBRL in practice and illustrate the key content and features of the UK GAAP taxonomy. It has also released a range of updated guidance documents to aid in the implementation of XBRL
New version of UK GAAP taxonomy released
XBRL UK has released new versions of the UK GAAP and Common Data taxonomies for trial use and public review. The taxonomies will help all companies reporting under UK GAAP to publish their accounts in XBRL. Comments and suggestions for improving the taxonomies from all users and prospective users are very welcome.
XBRL UK releases technical guidance on use of XBRL
XBRL UK has released a set of documents to guide all who are considering using or implementing XBRL in the UK. The documents give an extensive description of the taxonomies which provide a basis for the use of XBRL. They range from a basic introduction for business readers to a more detailed description of content, features and implementation issues aimed at a technical audience.
UK Revenue receives first tax filings in XBRL
HM Revenue & Customs has begun receiving company tax filings in XBRL - the second UK agency to receive XBRL submissions.
UK plans to mandate XBRL will offer major benefits
UK government plans to make XBRL mandatory for filing of company accounts and tax returns will provide significant benefits for both government and business, the architect of reforms to UK tax filing told an XBRL conference in London. Lord Carter said the introduction of XBRL would lead to smarter government and would reduce costs, providing benefits for all.
UK plan for mandatory use of XBRL is "sensible and prudent"
Government proposal to require company tax filings in XBRL from 2010 gives time to ensure efficient implementation, says XBRL UK.
UK to make XBRL mandatory for company tax filings
The step, announced in the annual budget, will take effect from 2010 and is intended to bring cost savings to both taxpayers and state.
New UK Revenue service heralds broader use of XBRL in UK
The launch of a service for company tax filings in XBRL is a major step towards general regulatory filing of financial data in XBRL in the UK.
Reuters uses new format combining text and XBRL data
Reuters publishes results in a new format which embeds XBRL data in a viewable and printable document, using Corefiling technology.
Filing of accounts in XBRL begins in UK
Companies House has started receiving accounts in XBRL for audit exempt companies.
See Latest News for more headlines and fuller information
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KEY LINKS
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| • | | | | How XBRL works, its benefits and developments around the world. | | • | | | | International Accounting Standards Committee Foundation website on XBRL. |
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