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The Economic Crime and Corporate Transparency (ECCT) Bill is making its way through Parliament and will change the role and purpose of Companies House (CH), providing them with the powers requested to improve their registry information accuracy and support the government’s efforts to tackle economic crime.
There has been plenty of preparatory work going on so that CH can move into action quickly after the legislation has been passed. The work is expected to be funded by increased fees to those using the service. That includes you and me as we submit accounts or any other ‘paperwork’ we are required to provide. CH does provide a wide range of services and the list can be found here
The charges proposed by CH to obtain Treasury approval have not yet completed, so at time of writing they remain unknown. If you wish to keep in touch with what is happening at CH, you can subscribe to their newsletter
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