2024 FRC Taxonomy Suite
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The 2024 Taxonomy Suite relates to the FRC’s Taxonomies: UK IFRS, FRS 101, FRS 102, UKSEF, and Charities and contains taxonomy documentation (supporting documents, key information sheets and release notes). The 2024 Taxonomy Suite was released on 3 November 2023.
Users must also refer to the FRC Taxonomies Documentation and Guidance resources.
Download the 2024 FRC Taxonomy Suite
| Name | 2024 FRC Taxonomy Suite v1.0.0 |
|---|---|
| Publication date | 3 November 2023 |
| Format | ZIP, 4.7 MB |
| Name | Charities Taxonomies 2024 |
| Publication date | 3 November 2023 |
| Format | ZIP, 1.3 MB |
2024 Mapping Files
The mapping documents 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. Two new columns have been added to the start of each sheet to provide more information in relation to the change. The first column ‘Description of Change’ provides a brief but informative description of the nature of the changes. The second column ‘Ancestry Change’ indicates that a concept has moved within the current hierarchy.
| Name | Mapping: UK FRS 101 2024 |
|---|---|
| Publication date | 3 November 2023 |
| Format | XLSX, 990.6 KB |
| Name | Mapping: UK FRS 102 2024 |
| Publication date | 3 November 2023 |
| Format | XLSX, 951.1 KB |
| Name | Mapping: UK IFRS 2024 |
| Publication date | 3 November 2023 |
| Format | XLSX, 980.8 KB |
| Name | Mapping: Charities 2024 |
| Publication date | 3 November 2023 |
| Format | XLSX, 1.1 MB |
Who should use the 2024 Taxonomy Suite?
In principle, only two versions of the taxonomies should be in use by preparers and developers: the latest version and the penultimate version. This is to ensure that preparers comply with the full tagging requirement from HMRC.
Versions of the full suite of FRC taxonomies for 2026 and 2025 were released on 18 November 2025 and 18 October 2024 respectively. All preparers should use those except for those specific circumstances that require the use of the 2024 Taxonomy Suite.
Key changes to the 2024 Taxonomy Suite
Tags have been updated and added to enable UKEB endorsed 2021 Narrow-scope amendments and Lease Liability in a Sale and Leaseback (Amendment to IFRS 16), and International Tax Reform—Pillar Two Model Rules (Proposed amendments to IAS 12)/Amendments to FRS 102.
- SECR tags units have been updated to use ghgEmissionsItemType.
- The Original and Revised Data dimension labels have been updated, and guidance tags created, to clarify the meaning of these terms in the taxonomy.
- Recommendations on high quality disclosures of Expected Credit Losses have been digitised. Some pre-existing tags have been updated, and new tags have been created to enable preparers to tag with the granularity described in the recommendations.
- The Charities extension has been updated.
- The Irish extension has not been updated; there will not be a new Irish extension for 2024.