The Company Law Conference - Major Changes Coming at Companies House – How They Will Affect You and What You Need To Do
Category: Company Law | Duration: 1hr | Tag: VODUKCLCO5 | Type: Video | Speaker: David Impey
Course Details
Accountants need to start preparing for 58 major changes coming to Companies House which will affect your services to your clients, your pricing and your profitability. The far-reaching changes - aimed partly at stopping UK companies being used in corruption, money laundering, fraud and identity theft - will include obligations to file more information about your clients (such as documents that verify the IDs of directors and others); the abolition of abridged and filleted accounts; a power for Companies House to query information you file; and much more. This Webinar will update you on the details we know so far, the implications for your practice and, most importantly, what you need to do about them.
In this course, David Impey covers the White Paper proposals, including:
- Proposed ID verification checks on company directors and persons with significant control, LLP members, and others, and a requirement for ‘presenters’ of information to register with Companies House.
- Reduced filing options for small companies and micro-entities, abolishing abridged and filleted accounts and making digital filing of accounts in i-XBRL format mandatory.
- A new ‘statement of eligibility’ by directors of dormant companies.
- Restrictions on shortening accounting reference periods.
- New powers for Companies House to refuse to register information you file (including name changes), and to remove information already filed.
- New powers for Companies House to proactively share and cross-check data with other bodies so it can spot errors in information you file more easily.
- Restrictions on UK corporate directors and banning foreign corporate directors.
- Requiring more information from ‘persons with significant control’.
- Extending Companies House powers to ‘suppress’ personal details filed.
CPD Course Speaker
Company Law Solicitor
David Impey
David Impey is a company law solicitor, professional services marketer, writer, and lecturer. His specialities include company law, professional services marketing, strategic planning and implementation, and interactive e-marketing.
As well as specialising in company law, David also works with law firms and other law businesses, helping them with strategy, and marketing, and majoring particularly on overcoming barriers to implementation of strategic and marketing plans and tactics
From 2008 to 2014, he led and worked on a major project for the UK Intellectual Property Office, through Atom Content Marketing (formerly BHP), building and developing an online IP HealthCheck resource that helps small and medium-sized businesses to identify, protect and commercially exploit their intellectual property.
He also worked in-house for 14 fun and profitable years for leading services provider Jordans, becoming Marketing Director responsible for developing, managing and marketing its service and product range. Particularly, he led significant projects to commoditise UK and overseas ‘factory’ professional services and promote them into the UK and other legal markets.
David lectures in the UK and overseas on both UK company law and professional services firm strategy and marketing.
As well as specialising in company law, David also works with law firms and other law businesses, helping them with strategy, and marketing, and majoring particularly on overcoming barriers to implementation of strategic and marketing plans and tactics
From 2008 to 2014, he led and worked on a major project for the UK Intellectual Property Office, through Atom Content Marketing (formerly BHP), building and developing an online IP HealthCheck resource that helps small and medium-sized businesses to identify, protect and commercially exploit their intellectual property.
He also worked in-house for 14 fun and profitable years for leading services provider Jordans, becoming Marketing Director responsible for developing, managing and marketing its service and product range. Particularly, he led significant projects to commoditise UK and overseas ‘factory’ professional services and promote them into the UK and other legal markets.
David lectures in the UK and overseas on both UK company law and professional services firm strategy and marketing.
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