iXBRL

iXBRL (Inline eXtensible Business Reporting Language) is all to do with filing company tax returns and final accounts to HMRC (Her Majesty Revenue and Customs) and, potentially later on to Companies House.

Virtually all Accountants will have either updated or purchased their own practice management software to cope with iXBRL.

As most other organisations will get their Accountants to submit their tax returns and final accounts Pegasus, at this stage, plan not to include an iXBRL tagging facility within their products.

 

November 2010