CREATING NON-UK COMPANY ACCOUNTS
is it possible to create non-UK companies when creating a business client in Iris Elements Tax and accounting? See attached screenshot.
With regards to IXBRL of the non-UK companies, the situation is a below, it will be good to be able to create IXBRL accounts without a PE in the UK.
There are mainly three types that require UK corporation tax returns, and their respective requirement for iXBRL accounts to be submitted with the corporation tax return.
- receiving rental income from UK property. For this HMRC accepts accounts in PDF.
- trading in the UK with physical presence, and are registered with Companies HouseFor this HMRC needs accounts in iXBRL.Since its also registered with Companies House, I can probably use the iXBRL accounts that is produced for UK companies.
- not trading in the UK, but have UK tax residency due to directors being UK residents, no physical presence.For this HMRC also needs accounts in iXBRL. This is my issue, because when generating and preparing iXBRL accounts, i can only select the four UK countries options, as below.Although I can see that in the iXBRL accounts generated, the country is actually not tagged, its the company number.Is it at all possible to have non-UK countries options when generating iXBRL/company accounts?
I have seen this update, in Taxcalc recently, and it seems to me that IRIS need to also look into this. Thank you
