Issues filing to HMRC using the Charity 2019 Taxonomy
On the 11th January, HMRC announced that due to "technical and operational issues" the 2022 version of the FRC Charity Taxonomy would not be accepted by them and that tax returns should be tagged to the older 2021 version. This announcement came months after Companies House had started to accept the 2022 versions.
As HMRC support the two most-recently released taxonomies, we at Caseware, took the commercial decision to upgrade directly from the 2019 taxonomy to the 2022 version (skipping the 2021 edition). However, in light of this news, and after confirming that the 2019 taxonomy will only be accepted for accounting periods up to the end of March 2022, we are now working to make the necessary amendments to make the 2021 taxonomy available.
Work on this project has commenced and we anticipate being able to send out the necessary update before Easter 2023 which is realistically as early as we possibly can do so, given our development and QA resources available.
Details given on this article on Accounting Web show that there will be some leeway in the filing deadlines, so we would advise any clients likely to be affected by this to contact HMRC as soon as possible.
- Related template: Corporation Tax
- Software platform: Working Papers 2018, Working Papers 2019, Working Papers 2020, Working Papers 2021, Working Papers 2022