Corporate transparency and register reform: improving the quality and value of financial information on the UK companies register
Detail of outcome
The Corporate transparency and register reform white paper contains a summary of responses and the government response to this consultation.
Original consultation
Consultation description
The government has announced wide ranging reforms to the powers and role of Companies House, to improve business transactions and tackle economic crime. This follows the previous consultation on Corporate transparency and register reform.
This consultation invites views on:
- how companies might in future be able to file accounts once only with government, instead of separately to Companies House, HMRC and other agencies
- the filing options available to small companies with the aim of achieving a better balance between minimising burdens and ensuring the information provided is valuable
- the proposal that all companies should file accounts digitally with Companies House
- additional checks Companies House could carry out on accounts filings
We are also consulting on 2 other detailed areas of the reform:
- Powers of the registrar – closing date 3 February 2021
- Implementing the ban on corporate directors – closing date 3 February 2021
See the BEIS consultation privacy notice.
Please do not send responses by post to the department at the moment as we may not be able to access them.
Documents
Updates to this page
Published 9 December 2020Last updated 28 February 2022 + show all updates
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The Corporate transparency and register reform white paper (https://www.gov.uk/government/publications/corporate-transparency-and-register-reform) contains a summary of responses and the government response to this consultation.
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First published.