iXBRL Tagging. HMRC & Companies House Compliant. Fixed Pricing Per Entity.
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Entity Types

UK Entity Types Required to File in iXBRL

The UK's iXBRL requirements apply to different entity types with specific thresholds, exemptions, and timelines. Understanding your entity classification is essential for compliance.

1. Limited Companies (Private and Public) 2.1 Million UK Companies

All UK limited companies incorporated under the Companies Act 2006 must file their statutory accounts and Corporation Tax returns in iXBRL format, regardless of size, turnover, or activity status.

Statutory Accounts (Companies House)

  • Micro-entities: Simplified iXBRL tags
  • Small companies: Full iXBRL format
  • Medium/Large companies: Detailed tagging
  • Quoted companies: ESEF requirements

Corporation Tax Returns (HMRC)

  • All companies: CT600 in iXBRL
  • Supporting computations in iXBRL
  • No paper alternative accepted
  • Mandatory since April 2011
Key Exemptions for Limited Companies:

NONE. Unlike many other jurisdictions, the UK has no exemptions for limited companies based on size, dormancy, or activity. Even dormant companies must file dormant company accounts in iXBRL format.

2. Limited Liability Partnerships (LLPs) ~15,000 UK LLPs Above Thresholds

LLPs must file accounts in iXBRL format if they exceed audit thresholds or choose to file full accounts rather than simplified versions.

LLP iXBRL Filing Thresholds (2024/25):

£10.2m
Turnover threshold
£5.1m
Balance sheet total
50
Average employees

Must exceed 2 of 3 criteria for two consecutive years

LLP Exemptions from iXBRL:

  • Small LLPs can file simplified accounts without full iXBRL tagging
  • Dormant LLPs may file simplified dormant accounts
  • But all LLPs must file tax returns (if applicable) in iXBRL format
3. Charitable Companies and CIOs ~180,000 Registered Charities

Charitable companies must file accounts in iXBRL format following either FRS 102 or the Charities Statement of Recommended Practice (SORP), depending on their size and structure.

Charitable Companies

  • Follow standard company iXBRL requirements
  • Additional charity-specific tags required
  • Must include Statement of Financial Activities (SOFA)
  • Charity Commission annual return separate

CIOs (since 2022)

  • Income over £1m: Full iXBRL accounts
  • Income £250k-£1m: Simplified iXBRL
  • Income under £250k: Basic tagging only
  • Annual return to Charity Commission
Charity SORP Compliance:

Charitable entities must use specialized iXBRL tags that accommodate charity-specific reporting requirements including restricted funds, designated funds, and endowment reporting under FRS 102 and Charities SORP.

4. Listed Companies and Market Issuers ~2,100 UK Listed Companies

Public companies listed on UK exchanges have additional iXBRL requirements beyond standard statutory accounts, particularly for annual reports under the UK Single Electronic Format (UKSEF).

Listed Company iXBRL Requirements:

Standard Requirements:
  • Statutory accounts in iXBRL
  • Corporation Tax returns
  • Companies House filings
UKSEF Requirements:
  • Annual reports in iXBRL
  • Financial statements tagging
  • Narrative reporting sections

Timeline Implementation:

  • Premium Listed: UKSEF mandatory from January 1, 2025
  • Standard Listed: UKSEF mandatory from January 1, 2026
  • AIM Companies: Voluntary adoption with incentives
Size Criteria

Size Thresholds and Classification Criteria

UK entities are classified by size using specific financial thresholds that determine the level of iXBRL tagging required and available exemptions.

Micro-Entities

≤ £632,000
Annual turnover
≤ £316,000
Balance sheet total
≤ 10
Employees average

Simplified iXBRL tagging only

Small Companies

≤ £10.2m
Annual turnover
≤ £5.1m
Balance sheet total
≤ 50
Employees average

Standard iXBRL tagging required

Medium/Large

> £10.2m
Annual turnover
> £5.1m
Balance sheet total
> 50
Employees average

Detailed iXBRL + audit requirements

Classification Rules

A company qualifies for a smaller category only if it meets at least 2 of the 3 criteria for the current year AND the preceding financial year. This prevents manipulation through one-off adjustments and ensures consistent classification.

2/3
Criteria must be met for 2 years

Exemptions and Special Cases

While most UK entities must file in iXBRL, certain exemptions and special provisions apply to specific entity types and circumstances.

Complete Exemptions

Sole Traders & Partnerships

Unincorporated businesses file traditional tax returns (SA100, SA800) unless specifically required by sector regulations.

Overseas Companies

Foreign companies with UK branches may use alternative formats if filing equivalent information in their home jurisdiction.

Certain Investment Vehicles

Some specialized investment structures may qualify for alternative reporting frameworks.

Simplified Filing Options

Dormant Companies

Can file simplified dormant company accounts with minimal iXBRL tagging, but still must use structured format.

Small LLPs

Below audit thresholds can file simplified accounts with reduced iXBRL requirements.

Micro-Entities

Can use simplified micro-entity accounts with reduced tagging requirements but still in iXBRL format.

Special Sector Requirements

Certain regulated sectors have additional or modified iXBRL requirements beyond standard company filing obligations.

Financial Services

Banks, building societies, and insurers have enhanced regulatory reporting requirements with sector-specific iXBRL taxonomies.

Housing Associations

Registered social landlords must file using Housing SORP with specialized iXBRL tags for social housing activities.

Academic Institutions

Universities and colleges follow Education SORP requirements with additional iXBRL tagging for education-specific reporting.

Expert iXBRL Filing for Every UK Entity Type

Digital Reporting UK specializes in iXBRL filing for all UK entity types—from micro-entities to FTSE 100 companies. Our experts understand the specific requirements for your business structure and ensure compliant, accurate filings every time.

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