Companies house announce new filing fees from 1 May 2024
Companies House have recently carried out a review of their filing charges, based upon which they are going to increase the annual Confirmation Statement filing fees.
For most limited companies, the amounts payable to Companies House each year are very straightforward, with just an annual fee for filing their Confirmation Statement, which is currently set at £13.
For the vast majority of our limited company clients, we help with the preparation and filing of the Confirmation Statement, and we pay this fee on your behalf, as we cover it in the fees you pay us.
However, from 1 May 2024, the Companies House filing fee will increase from £13 to £34, an increase of £21 per annum, which we will need to pass on to our clients.
There are also changes to other Companies House fees, such as incorporation fees for new companies, name change fees etc, and we will therefore also have to revise the fees we charge for these ad hoc services. Similarly, each time there is a change in shareholdings, we have to file an additional Confirmation Statement, and our charges for making such changes will also need to increase to cover the higher filing fee payable to Companies House on your behalf.
Alongside the changes to filing fees, Companies House also now have new powers based on the Economic Crime and Corporate Transparency Act 2023 which came into effect on 4 March 2024. Under the act there is now a requirement for every company to supply a registered email address to Companies House, which they will use to send official notices. This email address will not appear on the public record, but must be carefully monitored, to ensure that notices are read and actioned.
Where we provide Company Secretarial services for clients already, we believe the best way to address this new requirement is for us to provide a registered email address to Companies House which we will monitor on your behalf.
We are therefore having to implement an increase of £4+VAT per month to the fees of all limited company clients that we provide Company Secretarial services to, which will cover both the increased annual Confirmation Statement filing fee, and the cost of us maintaining the registered email address on your behalf.
So, please keep your eyes peeled for a notification from Ignition (our client engagement and payment platform) or your Client Manager of this change to your monthly fees from May onwards.
Please also be reassured that the charges we make for Company Secretarial services are still significantly less than our competitors, and we are still the only firm we know of that don’t make any charge for the use of our Registered Office address either!
Key Facts
- Companies House filing fees set to increase from 1 May 2024
- The Confirmation Statement filing fee will increase from £13 to £34
- There is also a new requirement to provide Companies House with a registered email address
- We’re having to increase our fees by £4+VAT per month to cover both of these changes
For more information on the forthcoming changes, please contact our Company Secretarial Clerk Laura Brown.
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