Do limited companies have to publish accounts? Currently, yes – but only basic information. All UK limited companies must file accounts with Companies House, though micro and small companies can file abbreviated versions that keep sensitive financial details private. However, the landscape for UK limited companies is about to change dramatically. New legislation hidden within […]
On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to our economy and to begin a decade of national renewal. Investment will be funded by revised debt rules to facilitate additional borrowing and a hefty £40 billion of tax rises. Headlines included: Below, […]
In a significant development for the business landscape, the Economic Crime and Corporate Transparency Act 2023 was passed on 26th October 2023. This landmark legislation introduces crucial changes in how small companies and micro-entities report financial information to Companies House. These changes will have a far-reaching impact on businesses, ensuring greater transparency and accountability in […]
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