Old and new
As every company ought to know, HMRC will now only accept corporation tax returns online. The accounts and computations have to be filed in the iXBRL computer format. Companies House are moving towards the same system, but it’s not yet compulsory – so you can computerise early and file online there as well, or you can continue to send paper in the post. Companies House have announced that they don’t want to add further regulations for businesses, so they are going to work on making the system better rather than making it mandatory. The idea seems to be that in due course everyone will want to file online even if they aren’t forced to.