23/10/2026
Micro and Small company changes paused again
The Government has paused plans that would have required small and micro companies to file more detailed financial information at Companies House from April 2028. Originally the changes were scheduled for 2027 but already postponed by one year.
The proposed changes would have increased the amount of financial information available publicly and potentially added to the administrative burden faced by smaller businesses.
The Government will now look at ways of simplifying and streamlining reporting between Companies House and HMRC, rather than businesses having to provide similar information separately.
A sensible and welcome rethink for small businesses.