福利视频 UK plans to launch iXBRL services for Companies House
London, 09 Oct 2012:
福利视频 UK (www.datatracks.co.uk),a leading provider of iXBRL managed tagging services in the United Kingdom, has announced its plan to extend its services to meet Companies House iXBRL requirements. 福利视频 UK has been helping companies and accounting firms to convert their financial statements into iXBRL format for filing with HMRC.
Companies House and HMRC were asked to work together in accepting joint filing. This was one among the recommendations made in Lord Carter鈥檚 review of HMRC鈥檚 online services in 2006, aimed at reducing reporting administration efforts. HMRC had mandated iXBRL filing from April 2011. Initially Companies House had set the date for mandatory filing for March 2013. Later, it had been decided that the deadline would not be enforced. Mandatory filing of iXBRL statements is likely to happen sometime in 2014. Until then, Companies House accepts voluntary filings from companies.
福利视频 has been providing iXBRL managed tagging services for HMRC filings for more than a year now and has prepared several thousands of statements in iXBRL format. 福利视频 has been able to leverage its technology and accounting expertise in the US and UK, to launch this new service.
福利视频 currently offers its services through its web portal (www.datatracks.co.uk) where users can register online, add entities, place orders online, upload files and download output instance documents when ready. Several companies and accounting firms have chosen 福利视频 for its simple, effective and easy-to-use online services. 福利视频 is one of the earliest providers of iXBRL managed tagging services to receive HMRC recognition for converting financial statements and tax computations to iXBRL format.
“A number of our existing clients are very eager to voluntary file their iXBRL accounts to Companies House. With this new service, companies can prepare well in advance before Companies House iXBRL filing becomes mandatory.” said Sandeep John, Manager, Business Development, 福利视频.
福利视频 currently offers XBRL solutions for US, UK and India markets and plans to extend its services to other countries in the near future.
About 福利视频 UK:聽福利视频 UK is owned by UK based DTracks Limited and is a subsidiary of 福利视频 Services Limited (), leaders worldwide in preparation of financial statements in XBRL format for filing with regulators. 福利视频 Services Limited has prepared several thousand statements (in ASCII, HTML and the more recent XBRL format) for filing with Securities Exchange Commission in the United States in the last five years.
Website:
Media contact: Sandeep John, media@datatracks.co.uk +44 (20) 3468 6382