This release introduces a new TB import template for BTC AP Company, Sole Trader, and LLPs, MTD for Income Tax UK Quarterly Returns for UK and foreign property businesses, and an Excel bridging tool for MTD ITSA Self-Employed.
Compliance updates include:
IE Company IAASA Auditor's Reports
UK Charity SORP Trustees’ Report changes for Tiers 1–3
FRS 102 Lease Accounting for Charities
You can now also file iXBRL Company Group Accounts via ROS.
This release enhances accounting workflows, compliance coverage, and migration support for BrightAccountsProduction users.
Group Accounts iXBRL Filing to ROS
BrightAccountsProduction now supports iXBRL filing of consolidated group accounts to the Irish Revenue Online Service (ROS). This enables holding companies to submit statutory consolidated accounts directly to ROS, with full support for consolidation adjustments, intercompany eliminations, and FRS 102 / Section 1A tagging.
Highlights:
Generates valid iXBRL files for consolidated financial statements.
Automatic handling of intercompany eliminations and subsidiary balances.
Supports both UK and Irish group accounts workflows.
For more details, click here
FRS 102 – New Lease Accounting Model for Charity Templates
BrightAccountsProduction implements the new FRS 102 Lease Accounting model for Charity templates across Ireland, UK, and Northern Ireland. Applicable for periods starting 1 January 2026 (early adoption allowed).
Highlights:
Recognise all leases on the balance sheet (except short-term and low-value leases).
Optional display of Right-of-Use Assets separately on the balance sheet.
Automatic generation of lease disclosures and policy notes.
Nominals mapped for ROU assets, depreciation, and lease liabilities.
For more details, click here
UK Charity SORP 2026 Changes (Tiers 1–3)
BrightAccountsProduction now supports enhanced Trustees’ Report fields in line with SORP 2026 for all UK charity tiers.
Highlights:
Tier 1: Simplified SOFA, basic Trustees’ Report.
Tier 2: Enhanced reporting, optional Cash Flow Statement.
Tier 3: Full reporting, mandatory Cash Flow Statement.
Optional rich text fields for strategy, outcomes, governance, sustainability, and investment performance.
Governance field supports user-definable heading.
For more details, click here
IAASA Compendium of Illustrative Auditor's Reports – October 2025 Updates
Irish company templates have been updated to reflect the latest IAASA Compendium of Illustrative Auditor's Reports (October 2025).
Highlights:
Updated terminology: "Significant accounting policies" → "Material accounting policy information".
Optional true and fair view paragraph for micro companies (FRS 105).
Special report paragraph for abridged accounts under Companies Act 2014 Sections 352 and 353.
For more details, click here
Trial Balance Import for BTC AP Companies, Sole Traders, and LLPs
New default TB import templates allow migration of Trial Balance data from BrightTax Accounts Production (BTC AP) for multiple entity types.
Highlights:
Default templates for Company, Sole Trader, and LLP entity types.
Automatic mapping of BTC AP nominal codes to BAP nominal codes.
Preserves account structure, balances, and debit/credit integrity.
Flags unmapped codes for manual review.
For more details, click here
Additional Information
Ensure your Compliance Database settings reflect the correct jurisdiction, reporting framework (FRS 102 / FRS 102 Section 1A / FRS 105), and account type before producing accounts.
iXBRL filings require validation checks; ensure intercompany adjustments are accurate for group accounts.
For Charity templates, early adoption of SORP 2026 and FRS 102 Lease Accounting is supported.