Brown Butler Logo

0113 246 1234

0113 246 1234

Everything you need to know about the increase to Companies House fees

Companies House has revised its fees as of 1 May 2024. These new fees mark a significant change in the cost structure for various services.

This change arises from the Economic Crime and Corporate Transparency (ECCT) Act, which introduces measures that inevitably raise operational costs for Companies House.

What are the implications?

The fee changes cover various services, each affecting businesses differently.

The cost of submitting an annual confirmation statement online has risen over 160 per cent from £13 to £34.

This significant increase requires businesses, particularly those used to the old pricing, to carefully reevaluate their budgets.

Strategic planning

In light of these recent updates, companies should evaluate their filing timelines and make adjustments where necessary.

For a detailed overview of the new pricing effective from May 1 2024, businesses should consult the official Companies House document: Changes to Companies House Fees.

This guide offers valuable information on the specific fee changes and their impact on businesses across different sizes and sectors.

Professional advice

For you to understand and adapt to these fee changes, along with the broader impacts of the ECCT, it will require a thorough knowledge of company law and compliance duties.

To ensure your business can manage these adjustments smoothly, you should seek expert guidance.

Our team of company secretarial experts is here to help businesses adjust to the new fees and stay compliant with regulations. Contact us for assistance.

Categories

Can't find what your looking for? Search