In Tangelo you can add block tags. Block tags are mostly used to tag text information in your report.
Currently block tags can be added per section (a section can be a section, chapter, paragraph, subparagraph, subsubparagraph, etc), or for a specific element inside such a section, for example a highlight block with accounting policies.
What are block tags?
ESMA defines block tags as following:
In a block tag, the content of an entire section of a report is tagged as a single fact. The tag may include text, numerical values, tables and other data. The phrase “block tag” refers to the fact that the whole disclosure is tagged as a single block — any numbers or tables within the note are not individually tagged.
Read more on: https://www.xbrl.org/guidance-on-block-tagging-and-other-esef-reporting-manual-updates-from-esma/
What information should I tag?
All information that could be tagged by the tags in the Annex II of the RTS on ESEF should be tagged. These are typically subjects covered in the Notes to the consolidated financial statements and Accounting policies.
If your report contains notes on subjects not covered in this list, there is no requirement to tag these with a different tag or extension.
See the ESEF Reporting Manual pages 24-27 for more guidance on how these tags should be placed.
How to set block tags in Tangelo
You typically set a block tag on a section in Tangelo (paragraph/subparagraph/etc). The tag will apply to this complete section and any sections within. If you describe multiple subjects in a single section and using headings to mark the start of the next subject, you may want to split this into multiple subsections instead. Please contact us if you encounter situations where this is not (yet) possible: for example because you are already at the subsubparagraph level.
To set a block tag go to a section in Tangelo and open the properties of that section in the properties pane on the right side of the screen.
There, locate the attribute "Esef - block tag" and click on the add-button. The field will now change into a pencil as seen below:
To view the list of available block tags now click on the pencil icon. Tangelo will show a list of available block tags to be used based on the list of ESMA.
Scroll through the list, or search via the field on top. Select the block tag that best describes the note/content that you are tagging and click Apply. Then the block tag is added to the current section.
A complete list of block tags in Tangelo can be found here List of availible block tags
Multiple block tags
Everytime a block tag is added to a section or element, an attribute for a new block tag will apear in the properties pane. The maximum number of block tags for a section is 5.
More then 5 block tags on a single section
If there is a need for more then 5 block tags on a section, the text of the section should be divided into paragraphs. Each paragraph (so child of the chapter) can contain 5 block tags. So the additional block tags can be added in this way. It is not possible to add more then 5 block tags per section / paragraph / element.
Depending on the configuration, highlight blocks can also contain block tags.
Generally if more then 5 block tags are required for a section, the content of that section should be revised or broken up into smaller sections / paragraphs. Please consult your auditor about this.
Changing or removing a block tag
To change a block tag, follow the steps listed above, but first remove the block tag from the section by clicking the trashcan-icon. This will clear the block tag. You can now select a new block tag.
More and in-depth information about block tagging: https://www.xbrl.org/guidance/ixbrl-tagging-features/#9-multiple-tags-for-a-value