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The introduction of a new accounting code could clash with the rollout of a new computer filing system, leaving accountants snowed under and struggling, tax authorities have warned.

HM Revenue Customs (HMRC) wants to delay the replacement of UK GAAP - the accounting system for non-listed companies – to avoid a clash with the introduction of iXBRL - a new electronic, tagged, tax language. Both changes represent a dramatic change in how accountants do their job.

UK GAAP will be abandoned for financial years beginning after 1 January 2012, which if mandatory from that date, would involve many companies planning for the change in late 2011 – the same time they are coming to terms with filing under iXBRL, according to proposals being considered by the Accounting Standards Board.

In its submission, HMRC said it wants change date, for the replacement of UK GAAP, delayed. “We suggest that it would be helpful to companies if the `change` date was, say, a year later so that preparations for the first mandatory iXBRL filing and the change to the future UK GAAP did not coincide”, - said Matt Blake, the commissioners’ advisory accountant with HMRC.

Senior sources within the ASB, say there is already serious consideration being given to delaying the replacement of UK GAAP. When asked about the issue, Ian Mackintosh, chairman of the Accounting Standards Board said he was mindful of the concerns and would discuss the issue once all submissions were read. “We have heard many arguments during our decision about extending the period”, - he said.