iXBRL: Reminder of change to Taxonomy Use
Since 1 August 2018, some taxonomies (the codes used in iXBRL to identify accounts items when submitting accounts) are no longer accepted by Revenue. In addition, Revenue are making the use of the updated DPL (Detailed Profit and Loss) taxonomy mandatory.
Section 110 companies will be obliged to use the updated DPL with either the FRS 101, 102 or EU IFRS taxonomies for their iXBRL submissions for accounting periods from 1 August.
You can read more on iXBRL and the changes which began on 1 August on our iXBRL webcentre.