Who is required to submit financial statements in iXBRL format and when:

  • Ireland’s ROS (Revenue On-line Service) began accepting the iXBRL Files from Corporation Tax payers from Nov 2012
  • Income Tax payers could voluntarily file iXBRL files from Jan 2013
  • Submission of iXBRL format became mandatory as per Phase 1 from Oct 2013. It is mandatory for customers of Revenue’s Large Cases Division customers filing Corporation Tax returns.
    (i) on or after 1 Oct 2013
    (ii) with respect to Accounting Periods ending on or after 31 Dec 2012
  • From 1 May 2014 filing in iXBRL will become mandatory for customers of Revenue’s Large Cases Division (LCD)
    (i) on or after 1 May 2014
    (ii) with respect to Accounting Periods ending on or after 31 July 2013
  • From 1 Oct 2014 iXBRL filing is mandatory for all Revenue customers filing Corporation Tax returns (Non-large Cases Division), except those meeting iXBRL exemption criteria*
    (i) on or after 1 Oct 2014
    (ii) with respect to Accounting Periods ending on or after 31 Dec 2013

What Volition can do for you:

  • Prepare financial statements in iXBRL format.
  • Send the iXBRL format files to you for filing with the revenue.
  • Corporation Tax return (CT1) or Income Tax return (Form 11) for filing with the revenue.

Who do we serve:

  • We provide iXBRL tagging services from Small Companies to Large Companies.
  • Companies, Tax Advisors, Accountants and Accounting Firms.
  • Tax Advisors, Accountants and Accounting Firms of Jersey, Guernsey and Isle of Man.

Why Volition:

  • Just email us and we will be glad to respond to you. No signing up!
  • Provide data in any format like Word or Excel. No uploading!
  • We have a team of qualified accountants capable of handling Irish Extension GAAP (IE GAAP) and IFRS
  • Review your iXBRL tagged accounts and request any number of changes.

Our fee and pricing parameters:

  • Our prices vary for a Company and Tax Advisors, Accountants and Accounting Firms
  • For a Company price depends on Number of Pages. Request pricing
  • We could prepare accounts and convert them into iXBRL files at extra cost for filing with the Revenue
  • Special charges for Sole Trader, who require to submit financial statements in iXBRL format via ROS