Revenue eBrief No. 80/18

04 May 2018

iXBRL: Update of Detailed Profit and Loss taxonomy and other related matters

Tax and Duty Manual Part 41A-03-01 has been updated following the release of an updated Detailed Profit and Loss (DPL) taxonomy for use with the Irish-extension taxonomies for FRS 101, FRS 102 and EU IFRS.

ROS will now accept submissions using the FRS 101 + DPL, FRS 102 + DPL and EU IFRS + DPL taxonomies.

From 1 August 2018, Revenue will mandate the use of the updated DPL for all iXBRL submissions relating to accounting periods ending on or after 1 January 2015. At the same date, Revenue will restrict the use of the older IE GAAP and IE IFRS taxonomies to accounting periods ended on or before 31 December 2014. Section 110 companies are unaffected by this change; see the updated iXBRL FAQs in this regard.