Companies House support for ailing businesses

The following announcement was recently made by Companies House:

Businesses will be given additional support to help them meet their legal responsibilities under changes announced today (16 April 2020).

Companies House will temporarily pause the strike off process to prevent companies being dissolved. This will give businesses affected by the coronavirus outbreak the time they need to update their records and help them avoid being struck off the register.

In addition, companies issued with a late filing penalty due to COVID-19 will have appeals treated sympathetically.

Today’s announcement builds on measures already implemented by the Secretary of State for Business, Energy and Industrial Strategy, which give businesses the ability to apply for a 3-month extension to file accounts with Companies House.

As part of the agreed measures, while companies will still have to apply for the 3-month extension to be granted, those citing issues around COVID-19 will be automatically and immediately granted an extension.

Latest Blog
20
May

UK Interest Rates Trending Down – What It Means for You

After a period of rising interest rates, there’s a noticeable shift in the UK f...

Read More
15
May

Will you be affected by Making Tax Digital?

Making Tax Digital for Income Tax: One Year to Go The UK tax landscape is on the cusp...

Read More
14
May

What are CDC pensions?

The UK government is introducing a significant shift in pension schemes with the expa...

Read More
08
May

Regulatory Changes Impacting UK Small Businesses

Alongside tax reforms, HMRC’s Spring 2025 update introduces a variety of regula...

Read More