New powers yield "real-world impact" in Companies House economic crime crackdown

Companies House to mandate filing by software

UK’s Companies House has announced that, effective from 1 April 2027, all companies and Limited Liability Partnerships (LLPs) will be required to file their accounts using commercial software.   The move, part of the Economic Crime and Corporate Transparency Act (ECCTA) 2023, mandates that accounts be tagged using iXBRL (Inline eXtensible Business Reporting Language).  From the same date, Companies House will streamline account filing options fo…

Software-only filing and more disclosures – Major changes for small companies - Smailes Goldie

If you run a limited company, it is important to be aware of some major changes coming to the way company accounts are filed. These changes are part of new legislation, the Economic Crime and Corporate Transparency Act (the Act), and they will affect small companies and micro-entities across the country. Some of the reforms are already in motion, and others will come into force over the next couple of years. Accounts filing will go fully digital…

Identification requirements for directors

As part of the Economic Crime and Corporate Transparency Act... The post Identification requirements for directors and persons of significant control appeared first on Glaisyers.

Software-only filing and more disclosures – Major changes for small companies

If you run a limited company, it is important to be aware of some major changes coming to the way company accounts are filed. These changes are part of new legislation, the Economic Crime and Corporate Transparency Act (the Act), and they will affect small companies and micro-entities across the country. Some of the reforms are already in motion, and others will come into force over the next couple of years. Accounts filing will go fully digital…

New Companies House measures begin - Credit Connect

A new Government report has highlighted how Companies House is transforming from a passive register to an active gatekeeper, providing examples of how the agency is actively tackling economic crime and improving register data. Key to Companies House progress is strengthened collaboration with The Insolvency Service and other law enforcement agencies to present a unified front against economic crime. Economic crime costs the UK economy billions a…

New powers yield "real-world impact" in Companies House economic crime crackdown

A new report shows the agency's progress in implementing changes brought in by the Economic Crime and Corporate Transparency Act 2023. Economic crime costs the UK economy billions annually, and Companies House is leading a major transformation to combat this through new powers granted by the Economic Crime and Corporate Transparency Act 2023.