2025 UK and Irish digital reporting taxonomies
2 minute read
The FRC published the 2025 version of the taxonomies on 18 October 2024. This update includes the 2025 versions of the FRC Taxonomy Suite, the Irish Taxonomy, and the Charities Taxonomy and contains taxonomy documentation (supporting documents, key information sheets and release notes).
Users must also refer to the FRC Taxonomies Documentation and Guidance resources.
Download the 2025 UK and Irish digital reporting taxonomies
| Name | 2025 FRC Taxonomy Suite v1.0.0 |
|---|---|
| Publication date | 18 October 2024 |
| Format | ZIP, 7.8 MB |
| Name | Charities Taxonomy 2025 |
| Publication date | 18 October 2024 |
| Format | ZIP, 1.3 MB |
| Name | Irish Revenue Taxonomy 2025 |
| Publication date | 18 October 2024 |
| Format | ZIP, 2.9 MB |
2025 Presentation Sheets
The presentation sheets are designed to enable software houses to easily identify the changes. Four colours are used with red denoting a deletion, green an addition, yellow a change to an existing line, and orange to indicate deprecated items.
A full list of proposed changes can be found by filtering on the Description of Change column (A) and deselecting “Blanks” from the list. This is the case for each Presentation tab of the presentation spreadsheet. Please note that it will still be necessary to see the changes in context of the full taxonomy; this advice is only intended to help reviewers easily identify where changes have been made.
The Name Column (H in the Presentation tabs, E in the other tabs) shows names for the taxonomy elements. They are unique identifiers designed to be read by machines.
The Label columns (D & E in the Presentation tabs and B & C in the other tabs) show human-readable labels of the elements in the English and Welsh languages. The Label columns also show the presentation view of the taxonomy, which organises the elements into different sections and a hierarchical view. The parent-child relationship among the elements is indicated by indenting elements.
The Hypercube Numbers column (C in the Presentation tabs) can be used to find the hypercubes associated with specific concepts, and the Hypercube Dimensions tab can be used to find the dimension(s) associated with the hypercube. Furthermore, Dimension Numbers column (F in the Hypercube Dimensions tab) can be used to find the domain and domain members associated with a specific dimension via the Dimensions members tab.
The Presentation tabs include reference information.
| Name | 2025 Presentation Sheets |
|---|---|
| Publication date | 18 October 2024 |
| Format | ZIP, 7.0 MB |
Key changes to the 2025 Taxonomies
A Feedback Statement, outlining our responses to the public consultation period, is available below.
Key changes are summarised below but users are strongly recommended to read the changelog.pdf file in the Taxonomy Suite zip folder download. This gives substantially more detail on the proposed changes for this year and supports the use of the Excel presentation sheets.
- Taxonomy elements have been updated and added to enable UKEB endorsed Supplier Finance Arrangements: Amendments to IAS 7 and IFRS 7 and Lack of Exchangeability: Amendments to IAS 21
- Taxonomy elements have been updated and added to enable amendments to UK Financial Reporting Standards (FRED 82 and FRED 84).
- New entry points and elements have been added to enable digital reporting of Community Interest Company (CIC-34) report and Dormant Subsidiary Exempt Package accounts to Companies House
- Creation of a new DPL core schema and removal of the DPL presentation from the core entrypoint.
- Changed balance types and labels of “Issue of bonus shares”, “Increase (decrease) in net debt”, and “Past service cost of defined benefit plan” to better reflect their meaning.
- Updated “Average number of employees during the period” to use the nonNegativeDecimalItemType to address the issue where numbers of employees are incorrectly reported as a negative number.
- The Charities extension has been updated.
- The Irish extension has been updated this year, and includes the changes made in the 2024 Taxonomy Suite.
| Name | UK and Irish digital reporting taxonomies 2025 Feedback Statement |
|---|---|
| Publication date | 18 October 2024 |
| Type | Feedback paper |
| Format | PDF, 1.3 MB. View HTML version |
UKSEF 2025
Updated guidance will be published in early 2025. Users are encouraged to regularly check this page. Alternatively, stay informed about the latest developments by subscribing to our dedicated mailing list and selecting "Digital Reporting & Taxonomies" under FRC teams.