Plans to cut company filing requirements are unveiled
Business news 09 Oct 2013
Businesses could benefit from simpler filing requirements as part of Government plans to reduce red tape for the UK's 3.2 million companies, it has been revealed.
Under the proposals, which are the subject of a new consultation document, the requirement to complete and submit a mandatory annual return to Companies House would be scrapped.
Rather than complete an annual return each year, companies would instead be able to digitally confirm that the information held by Companies House is correct or update it as and when it changes.
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