Regulatory Reporting for AIFMD, CRD IV, Solvency II, MiFID II, FATCA and AnaCredit
+44 (20) 3608 1300       enquiry@datatracks.eu         Contact Us

Blog Stay Up-to-date With Us

What You Need to Know About iXBRL Tagging

12/14/2018 ||By: Thenvi Subin

Her Majesty’s Revenue and Customs (HMRC) is just one body across the world that requires companies to file their corporation tax returns and accounts in iXBRL format. This requirement has been in place for a number of years – specifically, since 1 January 2010, when legislation came into force that required most companies’ corporation tax […]

How Does iXBRL Affect My Business’ Accounts Preparation and Reporting Process?

12/07/2018 ||By: Thenvi Subin

From 1 January 2010, legislation has been in place in the U.K. that requires companies to file their accounts and computations with HMRC in Inline XBRL (iXBRL) format in respect of returns submitted on or after 1 April 2011. There are very limited exceptions to this rule. Although this legislation has been in place for […]

HMRC and iXBRL Tagging – What You Should Know

12/07/2018 ||By: Thenvi Subin

Many companies in the U.K. have their year-ends on either the 31 December or 31 March. This means that many businesses, especially those with December year-ends, will need to comply with HMRC filing deadlines within a matter of weeks. With time ticking away, it’s worth knowing what you need to do to get your accounts […]

Malaysian Business Reporting System (MBRS) – What you need to know

11/20/2018 ||By: Thenvi Subin

In Malaysia, all companies (both public and private) need to register themselves with the Malaysian Regulator, Suruhanjaya Syarikat Malaysia (SSM), and these companies have to submit their financial information to SSM once every year. The regulator’s role is to enhance and promote the supply of corporate information and to create and develop a facility whereby […]

Making Tax Digital : What’s coming our way!

11/15/2018 ||By: Thenvi Subin

One of the most intellectual persons the world has ever had, Albert Einstein said, “The hardest thing in the world to understand is the income tax.” Tax payments have almost been like rocket science to most taxpayers. Even Former U.S. Secretary of Defense Donald Rumsfeld gets confused about his taxes! After he filed his 2013 […]

The Developers’ Disclosure Guide to Ind AS 115

11/15/2018 ||By: Thenvi Subin

Ministry of Corporate Affairs (MCA) brought Ind AS 115 as part of the Companies Amendments Rules 2018. Ind AS 115 replaces Ind AS 11and 18 which are related to revenue and construction contracts. MCA has introduced Ind AS 115 with an objective to establish the principles that an entity should apply, to report useful information […]

House of Representatives Passes the GREAT Act

10/29/2018 ||By: Guru Raj Singh

In the final week of September 2018, the House of Representatives passed the Grant Reporting Efficiency and Agreements Transparency (GREAT) Act of 2018 through a voice vote. Although there is still work to be done before the GREAT Act of 2018 can be passed into law, this latest approval signals that improvements to the state […]

The Importance of Finding the Right Managed Tagging Service Provider

10/25/2018 ||By: Shabeer

Since April 2011, legislation has been in place in the UK that requires the vast majority of companies to submit their corporation tax returns and accompanying financial statements in iXBRL format to HMRC. As a result, companies – especially large companies or companies with complex financial statements – should ensure they have a managed tagging […]

Proposed Update to the IFRS Taxonomy 2018 Released by the IFRS Foundation

10/25/2018 ||By: Guru Raj Singh

On September 20 2018, the IFRS Foundation published Proposed IFRS Taxonomy 2018 Update PTU/2018/1 relating to Common Practice (IFRS 13 Fair Value Measurement), which is now open to the public for consultation. According to the IFRS Foundation, the proposed amendment includes “changes to the IFRS Taxonomy 2018”, reflecting common reporting practice for the disclosure requirements in […]

HMRC opens pilot for MTD VAT filers

10/19/2018 ||By: Shabeer

The tax authority HM Revenue & Customs (HMRC) has invited more than half a million businesses to test Making Tax Digital (MTD) for VAT moving forward to the digitisation of tax which will be effective from April 2019. HMRC has released a new statement on 16th Oct 2018 relating to MTD for VAT filers. In […]

Specialists in XBRL and regulatory reports

DataTracks prepares more than 14,000 XBRL statements annually for filing with regulators such as SEC in the United States, HMRC in the United Kingdom, Revenue in Ireland, Eurofiling compliance reports in Europe, ACRA in Singapore and MCA in India. Honed by our experience of preparing more than 180,000 compliance reports, our solutions and services are designed to assure quality, reliability and ease of use.

1,80,000+

compliance reports

17,500 +

Clients

12

Regulations

15+

years experience

Pin It on Pinterest