Most companies have now completed their first year iXBRL filing - so how was it for you? Since 1 April 2011, HMRC reported over 250,000 iXBRL filing failures so for many companies, iXBRL tagging has been a hellish process.
Or, did you file early to defer the iXBRL mandate and are still undecided which supplier to go with for your iXBRL services? Almost a year into iXBRL filing and with still nearly one in five iXBRL filings failing you need to get it right first time. HMRC admit that "Deficient tagging will increase the potential for post submission contact from HMRC" - so don't take any risks with the iXBRL service and provider you choose.
Guaranteed iXBRL compliance
BDO are experts in iXBRL with well established specialist tagging and dedicated quality assurance teams, with a 100% success rate in iXBRL tagging HMRC Gateway compliant accounts.
The secret of our success? Not only do we have the best team (2011 winners of both the LexisNexis Taxation Best Tax Team and the British Accountancy Tax Award of the Year), but our CoreFiling iXBRL software is the gold standard. It's also used by HMRC, sealing our guarantee to you on iXBRL compliance.
Our iXBRL services
With BDO you can choose from:
So if you're still undecided over which iXBRL provider to choose to convert your financial statements for the first time, or have just battled through year one of iXBRL filing, let BDO take the 'hell' - and the risk - out of iXBRL.
To find out more you can also contact your local BDO adviser.