Revenue has updated its Tax and Duty Manual regarding the submission of iXBRL financial statements as part of corporation tax returns. From 2 September 2023, Revenue will accept iXBRL submissions tagged with the FRC's 2023 Irish Extension Taxonomies. The EU IFRS taxonomy now contains tags for IFRS 17 - Insurance Contracts and these should be used by entities who prepare their accounts in accordance with that standard.
In addition, Revenue will require that all iXBRL submissions declare the functional / presentation currency of the financial statements using the “PrincipalCurrencyUsedInBusinessReport” tag from 2 September 2023.