Companies House fees rise significantly

The Economic Crime and Corporate Transparency Act will introduce a number of changes for companies over the next few years. Amongst the upcoming changes is the requirement for companies to provide a registered email address from March 2024, as well as a whole host significant of Companies House fee increases from 1 May 2024.

One of the most notable fee increases is the confirmation statement fee, which has increased from £13 to £34 to file online. This is an increase of 162% !

Companies House released a statement that claims that the fees are set on a cost recovery basis. This means their fees must cover the cost of the services they deliver. They do not make a profit on the fees.

We have outlined the increases most relevant to our clients below:

There are further changes coming for companies, such as the requirement for small companies to file their profit and loss accounts, but no date has been set for these yet. For full details on the upcoming changes, please follow the link below.