HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...READ MORE
Companies House has issued an updated guidance for company confirmation statements.
Every company, including dormant and non trading companies, must file a confirmation statement, confirming that the information Companies House holds is up to date.
The statement, to be filed at least once a year even if there are no changes over the reviewed period, describes the main business activity of a company and is used to sort them into a number of business categories.
If a statement is filed early at any time prior to the renewal date, it will start a new 12-month review period. However, companies must file their statement within 14 days of the end of the review period.
Forms can be filed online at a cost of £13, while paper forms incur a cost of £40.
According to the latest data from Companies House, the total register size at the end of March 2019 was 4,202,044, an increase of 4.2 per cent when compared with the end of March 2018.
There were 672,890 company incorporations in 2018 to 2019. This is an increase of 8.5 per cent when compared with 2017 to 2018. This is the highest number of incorporations since 2009 to 2010, the data shows.
For more information visit Companies House.