iXBRL - release of new taxonomies

Tax and Duty Manual Part 41A-03-01 has been updated to reflect the release of three new iXBRL taxonomies.

From 17 June 2019, Revenue is accepting iXBRL submissions tagged using the FRS 101 Irish Extension, the FRS 102 Irish Extension and the EU IFRS Irish Extension.

These new taxonomies take account of changes to the accounting frameworks applicable in Ireland. FRS 102 is updated to take account of the FRC?s triennial review of FRS 102, while the FRS 101 and EU IFRS taxonomies have been updated to take account of the introduction of IFRS 9 ? Financial Instruments, IFRS 15 Revenue and IFRS 16 ? Leases.

The structure of the taxonomies can be viewed on Taxonomy Viewer.

A summary of changes to Part 41A-03-01 can be found in Appendix III of the document.

21 June 2019