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ECCT Act Empowers Companies House with New Authorities
March 6, 2024
Companies House has announced that some of its fees will change starting 1 May 2024. The last change in fees was in April 2016.
The fees have been calculated on a ‘cost recovery’ basis, meaning that they are calculated based on what it costs to provide the services in question. Companies House state that they do not make a profit on their fees.
As The Economic Crime and Corporate Transparency (ECCT) Bill has moved through Parliament, concerns have been raised about the current fee structure. Companies House says that these changes to the fees charged will ensure adequate funding going forward to recover costs incurred and help fund the cost of the new powers introduced as part of the ECCT Bill.
Prices shown below are some of the main changes from 1 May 2024:
| Transaction | New fee | Current fee |
| Incorporation Digital | £50 | £12 |
| Incorporation (same day) Software | £78 | £30 |
| Incorporation Software | £50 | £10 |
| Incorporation Paper | £71 | £40 |
| Confirmation statement Digital | £34 | £13 |
| Confirmation statement Paper | £62 | £40 |
| Change of name Paper | £30 | £10 |
| Change of name (same day) Digital | £83 | £30 |
| Change of name Digital | £20 | £8 |
| Registration of a charge Paper | £24 | £23 |
| Registration of a charge Digital | £15 | £15 |
| Voluntary strike off Paper | £44 | £10 |
| Voluntary strike off Digital | £33 | £8 |
| Registration of an overseas entity Digital | £234 | £100 |
The full list of changes can be found on the UK government website.
