This website uses cookies to ensure you get the best experience. Please read our policies for more information.

10 Chartered Accountants

News

Companies House goes fully digital
17 December 2022

Companies House has gone fully digital after the announcement of the closure of its office in London and all filing being transferred online.

It has also permanently shut the public counters in Cardiff, Belfast and Edinburgh.

Online services will be available 24 hours a day, seven days a week.

Changes have taken place with improved security features, which include:

  • Multi-factor authentication
  • The ability to link your company to your WebFiling account to give you more control over your filings
  • Being able to digitally authorise people to file on your behalf on WebFiling, and to remove authorisation
  • To view who’s digitally authorised to file for your company
  • An option to sign up for emails to help you with the running of your company

WebFiling is an online service that Companies House provides, designed to make the submission of official paperwork easier and paper-free.

Once you’ve linked your company to your account, you will not need to enter your authentication code every time you file online.

Key changes, which form part of the 2020 to 2025 strategy and part two of the Economic Crime Bill, are expected to go through Parliament this spring and will include:

  • Filing deadlines will not be shortened at the moment, but legislation will be introduced to facilitate future changes.
  • Small companies will no longer have the option to prepare and file abridged accounts and will be required to file both their profit and loss account and directors’ report.
  • Micro-entities will also be required to file their profit and loss accounts but will continue to have the option to not prepare or file a directors’ report.
  • Dormant companies will be required to file an eligibility statement.
  • All companies will be required to file accounts digitally, with full tagging.

Other recent news

Fur and finance – Tax compliance in animal sales
12 February 2025

If breeding and selling animals has turned into a source…
Read more

Optimising your credit control policies to deal with chronic late payers
12 February 2025

Despite repeated calls for reform, the Government has shown little…
Read more

Budgeting for the unknown – Contingency strategies and tips for businesses
12 February 2025

No matter how well-prepared you may think you are, things…
Read more

How to capitalise on the Government’s AI push
12 February 2025

In January, the Government unveiled its Artificial Intelligence (AI) Opportunities…
Read more

Received a ‘One to Many’ letter recently?
12 February 2025

HM Revenue & Customs (HMRC) has recently issued One to…
Read more

»

Case Studies