The impact of the Economic Crime and Corporate Transparency Act on Companies House
The impact of the Economic Crime and Corporate Transparency Act on Companies House In March last year, the first reforms brought about by the Economic Crime and Corporate Transparency Act 2023 came into effect and the changes granted Companies House enhanced powers to tackle corporate abuse and fraud. Before the act became law, company registration…
Read MoreAre you taking accounting advice from TikTok posts – check out the advice and some of the misleading findings below.
Are you taking accounting advice from TikTok posts – check out the advice and some of the misleading findings below. Here are seven top tips on common TikTok myths, why they are wrong and what to look out for to avoid a HMRC penalty down the road. Myth 1. You can claim anything as a…
Read MoreChanges at Companies House continue to impact – are you ready?
Changes at Companies House continue to impact – are you ready? From 18 November 2025, if you are a company director or a person with significant control (PSC), you must verify your identity, as this is the date the Companies House register will be updated. There are 2 ways to verify your identity for Companies…
Read MoreSelf Assessment tax up £3.3bn in July 2025
Self Assessment tax up £3.3bn in July 2025 PAYE income tax and employee national insurance contribution (NICs) receipts for April 2025 to July 2025 were £160.6bn, which is £13.5bn higher than the same period last year. In July 2025 the total self-assessment income tax hit £15.48bn, up from £12.76bn in July 2024. A similar hike in employees…
Read MoreTax returns for Company Directors will have more tax complexity!
Tax returns for Company Directors will have more tax complexity! In recent years HMRC’s focus has been on reducing the number of taxpayers who are required to file self-assessment tax returns. However, for those who still need to file a tax return, new requirements from 2025-26 onwards will require more comprehensive reporting, particularly for business…
Read MoreHMRC will return to recovering debts directly from bank accounts
HMRC will return to recovering debts directly from bank accounts HMRC has announced that they will re-start the use of direct recovery of debts (DRD) for individuals and businesses who do not pay the tax they owe, after HMRC paused the use of DRD during the pandemic. ‘Direct Recovery of Debts (DRD) is used when…
Read MoreOne Login system confirmed for Companies House
One Login system confirmed for Companies House Businesses will soon have to use a GOV.UK single sign in system which Companies House says will make it easier and safer for people to access its services. The system which is due to ‘go live’ from 13 October 2025 will mean that companies will have to go…
Read MoreCompanies House sets up portal to report stolen identities
Companies House sets up portal to report stolen identities As Companies House continues with its ‘clean up’, they are now concentrating on a crackdown of identity fraud by launching an online form, for any member of the public to report when a rogue company has used their individual personal details and address without permission. If…
Read MoreBuilding on the success of Odoo Experience 2025
Building on the success of Odoo Experience 2025 Our team have returned to the office following the incredible valued opportunity to attend Odoo Experience 2025. The event, provided them with an excellent platform to engage with the Odoo community, discover the latest developments which are on the way, continue to strengthen relationships with partners and…
Read MoreNew personal code ID verification codes for Companies House
New personal code ID verification codes for Companies House All company directors will have to verify their identity and will be given an 11-character code from November, which will be used for Companies House services. The verification which will be instant according to Companies House, as long as the correct documentation which is supplied to…
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