Important changes to Companies House fees from 1 May 2024 for small businesses

As a small business owner, you know that every penny counts. That’s why it’s important to be aware of the upcoming changes to Companies House fees, which will take effect on 1 May 2024.

The new fees are being introduced to cover the cost of Companies House providing essential services to businesses like yours. While the exact fee increases will vary, understanding these changes can help you budget and plan accordingly.

What are the new fees?

The new fees will affect a range of services, including:

• Incorporation: The fee for incorporating a new company will increase to £50.
• Confirmation statement: The fee for your confirmation statement will increase to £34.
• Strike-off: The fee for striking off your company will increase to £33.
• Restoration: The fee for restoring a dissolved company will increase to £468.

What does this mean for you?

It’s important to be aware of these changes so that you can factor them into your budget. You may also want to consider filing your annual return early to avoid any late filing penalties.

How can I help?

As an accountant, I can help you understand the new fees and how they will impact your business. I can also help you file your annual return on time and avoid any penalties.

Please contact me today to discuss your Companies House filing needs.