Companies act

The enterprise bill becomes law

The enterprise bill received royal assent on 4 May 2016, becoming the enterprise act. The act aims to deliver a range of measures to help support businesses.

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Register of persons with significant control requirement introduced

As of 6 April 2016, all companies and limited liability partnerships must now keep a register of persons with significant control.

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P46 (car)

Company secretarial

The last thing you need as a busy business owner is to use up valuable time and resources making sure you are complying with the Companies Act.

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A more in depth look at the act

A more in depth look at the Act

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Filing of accounts and late-filing penalties

Companies are automatically fined if accounts are not submitted on time. Accounts should normally be filed for a private company nine months after the company's accounting reference date.

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An auditor's rights to information

Auditors are appointed by the members and are accountable to them. As a result it is important that auditors are given the information they consider relevant to the fulfilment of their duty to members.

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