18/06/2026
Thursday Thoughts, did you know that major Companies House changes are coming for Limited Companies?
Last week, Companies House confirmed significant changes to how company accounts will be filed from April 2028.
Every UK company will be required to file accounts using commercial software, and the existing paper and web filing routes for accounts will be phased out. There will also be additional filing requirements for many small companies and micro-entities as part of the government's drive to improve transparency and tackle economic crime.
Now, before anyone panics, there is still plenty of time to prepare. However, this is another reminder that the days of leaving compliance until the last minute are disappearing.
Good bookkeeping, accurate records and appropriate software are becoming increasingly important for every business, not just larger companies.
My advice....
Use the next couple of years wisely. Review your systems, understand what information you are currently producing, and make sure your accounting processes are fit for the future.
The businesses that prepare early will find these changes relatively straightforward.
Those that don't may find themselves facing unnecessary stress, additional costs and a last-minute scramble to comply.
Have you heard about these changes yet?