Big changes are coming to how Limited Companies comply with regulations. In tandem with the new Bill passing through Parliament is a significant increase in fees for every filing required by law to maintain compliance.
This will hurt small businesses the most as it is not a sliding scale. Get prepared to pay more to Companies House. Suddenly all those dormant companies may not be worth keeping alive?
Companies House review fees every year to make sure they’re set at the right level. This year, they’ve taken new future expenditure into account as well as making sure to recover costs from existing expenditure. Companies House fees are much lower than the global average and have not changed since 2016.