Over the next few years, changes to Companies House legislation will come into effect. We have created a short guide to keep you up to date with these changes and how they may affect your charitable company.
The Economic Crime and Corporate Transparency Act introduces new and updated responsibilities for current and new directors (also known as trustees) and anyone who acts on behalf of directors.
One of the biggest changes being bought in will be the requirement for directors and those acting on behalf of the company to have their identities verified. It is expected that this will be done directly with Companies House via an online portal and aims to improve transparency around who is acting for each company.
Other changes being bought in include, the ability to suppress certain personal information on historic documents held by Companies House and, the move away from the submission of paper accounts to Companies House.
More information about the changes can be found in our short guide.
