Companies House fee increases

04.03.2024
The marketing team
News
Laptop and finance documents for companies house fee increase

Limited companies face a big increase in the fees they are charged for things such as incorporation, submitting their annual confirmation statement and striking off, with some fees rising by a whopping 400%.

Laptop and finance documents for companies house fee increase

The increases come into effect on 1st May 2024, are the first since 2016 – but nevertheless the rises are considerably in excess of what might be expected if they were related to inflation.  These fees are, of course, unavoidable for all limited companies, whatever size they are. 

It will now cost £34 to file a confirmation statement (up from £13), and the strike-off fee rises from £10 to £33.  All of these fees assume that the tasks will be completed digitally or via software; there is a premium of as much as 80% for completing them by paper-based means. 

The Government says that there are more than five million companies registered in the UK, so the Treasury is set to receive a £100 million annual windfall through the increase in the confirmation statement fee alone. 

The new fees also apply to limited liability partnerships and limited partnerships.

The fee increases are part of an overhaul of company law which is also introducing new non-financial requirements for limited companies, including the need for a registered email address, and the end of the ability to nominate a PO Box address as the company’s registered address. 

Full details of the new fees which will be charged by Companies House can be found here

If you have any questions

Wide-ranging tax planning and compliance services for individuals seeking advice and guidance from our team of experienced and highly qualified professionals.

Friendly and coherent advice and guidance on accounting and tax matters for small business owners including those starting out for the first time.

Established businesses requiring accounting and tax compliance services, forward thinking tax planning advice and the support to help your business succeed.

Our full range of enhanced corporate services aimed at large companies and those requiring audit, assurance, corporate tax advisory and diverse tax planning services.

Glossary

Test

This is a test definition

more