HMRC Update

[Lancs Lad]

just had this:

This is an official email from Companies House, sent to all registered email addresses. The information in this email is relevant to all companies registered in the UK. If you’re a third-party agent who has received this email on behalf of a company, please forward this message to the company directors of all companies you work with. This email provides an update on changes to how companies will file their annual accounts from 1 April 2028. Companies will have received an email about these changes last year. Please read this update carefully as some details have changed. ​ The government has now confirmed how the Companies House accounts reforms measures set out in the Economic Crime and Corporate Transparency (ECCT) Act 2023 will be implemented. Under the ECCT Act, the government will reform how companies report information and what information they report when filing their annual accounts with Companies House. This update follows a pause in implementation last year and extensive engagement with stakeholders to consider their views around the impact some of the reforms may have on companies. ​ What’s changing​ The government has taken the decision to proceed with the reforms. These include: requiring small companies and micro-entities to file profit and loss accounts, as other companies do all companies having to file their accounts at Companies House via commercial software other smaller technical amendments. However, to help address concerns, the government is introducing two changes: Opt out of profit and loss publication: small and micro-entities will be able to opt out of having their profit and loss accounts published on the public register. Details of how smaller companies can opt out of publication will be confirmed in due course. Postponed timings: these reforms will now come into effect on 1 April 2028, rather than 1 April 2027. This will give companies additional time to prepare, with one full accounting year plus nine months (a total of 21 months) to get ready. In line with the changes, our web and paper routes will be closed for accounts filings from 1 April 2028, but will remain open for other statutory filings. Read more about these changes in our GOV.UK news story. ​ What you need to do​ The April 2028 deadline gives companies a full accounting year plus 9 months to prepare – a total of 21 months. We’re contacting you now so you have as much time as possible to get ready. If you do not already file your accounts using software, you’ll need to: know what type of accounts you're filing – you can ask an accountant for advice have your company authentication code apply for a presenter account with Companies House use our software tool to find the right software package for your needs contact your chosen software provider(s) and consider changing to software filing as soon as possible make sure you’re ready to file using software from 1 April 2028 ​ ​

 

[V8Druid]

Thank **** I'm out of all this crap

 

[DaveDCB]

My accountant does all that… and I’d like to think they submit electronically anyway!?

 

[V8Druid]

My accountant does all that… and I’d like to think they submit electronically anyway!?

don't think this is just HMRC though ... it's the details Companys house holds on you

 

[DaveDCB]

don't think this is just HMRC though ... it's the details Companys house holds on you

Ah I guess they haven’t got my inner leg measurement yet!

 

[V8Druid]

Ah I guess they haven’t got my inner leg measurement yet!

bet my left nut they have Dave and your hat size