Welcome to the latest update of BrightAccountsProduction!

We're excited to share the enhancements and new features designed to improve your experience. In this release, we have introduced additional Integration with BrightTax CT for UK companies with non-standard periods and Tax Journals, provided Lead Schedule functionality for Ireland-based Farmer entities; along with some additional compliance updates.

• Additional Integration with BrightTax CT for UK Companies for non-standard periods and Tax Journals: We have Implemented further Integration with BrightTax CT for UK companies for non-standard periods i.e. less than or greater than a standard year and the ability to post back the calculated Corporation tax amounts into BAP. For more details click here.

• UK Charity Updated Mandatory + Key Tags for HMRC and Companies House iXBRL filing: We have internally enhanced the mandatory and key tags in our software for HMRC and Companies House filings, following the FRC 2024 taxonomy. These improvements streamline reporting processes and ensure compliance with the latest regulatory standards, thereby benefiting UK charities by making their financial reporting more accurate and efficient.
  

• UK Charity Abridged Accounts – Introduction of Annual Trustees Report: We have introduced a new Compliance Database option to access the Annual Trustees Report in the Abridged Accounts for Small-sized companies. For more details, click here.

• Ireland Charity Documentation Pack [LOE/LOR]: Both the audited and un-audited versions of the Letter of Engagement and Letter of Representation is now available for Ireland based Charity users. For more details, click here.

• Ireland Lead Schedules for Farmer (Sole Trader/Partnership): We have introduced Lead Schedules for Farmer Entities. For more details, click here.

• Other Compliance Updates: For details on the compliance changes made in this release, click here.