Big changes to small company accounts are coming | Taxlab Companies House Update Big changes to small company accounts are coming — here's what you need to know From April 2028, small companies and micro-entities face new rules on what they must file at
Companies House Shake-Up: What You Need to Know About New Identity Verification Rules
Big changes are coming to Companies House, and they’re set to impact almost everyone involved with UK companies and LLPs. Under the Economic Crime and Corporate Transparency Act 2023 (“ECCTA”), a new, mandatory identity verification process is being introduced. This isn't just a minor update; it's a
Navigating the Economic Crime & Corporate Transparency Act 2023: What Businesses Need to Know
Update October 2026: this article was written in March 2025. Identity verification with Companies House became compulsory on 18 November 2025, and accounts must be filed using software from 1 April 2028. Read our identity verification guide and our article on accounts filing changes from April
KYC Requirements for Accountancy Firms in the UK
Accountancy firms in the UK are required to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs). These regulations are designed to prevent criminals from using the financial system to launder money or finance
Director’s Loan Accounts (DLA)
Updated October 2026: corrected and revised for 2026/27. For a fuller guide, read Understanding Director's Loan Accounts. A Director's Loan Account (DLA) is the record of money and assets passing between a company and its director that is not salary, dividends or reimbursed business expenses. It
Dealing with the HMRC
If you are a taxpayer in the UK and you need to deal with HMRC, there are several ways you can do so: It's important to keep in mind that HMRC has strict deadlines for tax returns and payments, so it's advisable to deal with them as soon as possible if you have any queries or issues. If you're
What is a Confirmation Statement?
The confirmation statement includes details such as the company's registered office address, the names and addresses of its directors and secretary (if applicable), its shareholders, and the nature of its business activities. It also includes information about any changes that have occurred since