Companies Archives - WRLO Accountants

Authorised Corporate Service Provider (ACSP)

WRLO Accountants — Tue, 16 Dec 2025 18:35:32 +0000

WRLO Accountants are now registered as an Authorised Corporate Service Provider (ACSP). Companies House have brought in legislation that requires all directors and people with significant control to have their identifications verified. ACSPs are also known as Companies House authorised agents. Please get in touch if you need help verifying your identification for your Limited company at Companies House. 01323 332043 info@wrloaccountants.co.uk

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Tax and accounting bodies back e-invoicing adoption

WRLO Accountants — Sat, 24 May 2025 11:17:12 +0000

The UK’s professional tax and accounting bodies have backed the adoption of e-invoicing in their responses to a government consultation. The Chartered Institute of Taxation (CIOT) says that HMRC will need to prioritise the effective implementation of e-invoicing if it is to drive its adoption among UK businesses. The CIOT has recommended that any e-invoicing software should be built to flexible, agreed minimum standards that accommodate variations in invoicing requirements in tax legislation, while ensuring clear expectations around operability, security, and data accessibility for taxpayers. Ellen Milner, CIOT Director of Public Policy, said: ‘If the UK government desires greater adoption of e-invoicing without mandating its use, HMRC will need to consider a package of options to encourage voluntary adoption. ‘This may include an educational and training campaign, financial incentives, providing a better business experience, effective implementation and systems that instil confidence to move along the digital journey.’ ICAEW’s Tax Faculty also responded to the consultation on increasing the adoption of e-invoicing by UK businesses and the public sector. It said: ‘Many countries, including EU member states, have already introduced e-invoicing mandates or national frameworks. ICAEW believes that the UK’s current lack of a co-ordinated e-invoicing policy places its businesses at […]

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Companies House begins to verify identities

WRLO Accountants — Sat, 19 Apr 2025 12:11:10 +0000

A new service has been launched that allows individuals to verify their identity directly with Companies House through GOV.UK. The introduction of identity verification is one of the key changes to company law as part of the Economic Crime and Corporate Transparency Act 2023. Companies House has landmark new and enhanced powers to combat economic crime and boost economic growth. More than six million people will be required to comply in the 12 months after identity verification becomes a legal requirement later this year. According to Companies House, identity verification will provide more assurance about who is setting up, running, owning and controlling companies in the UK. Louise Smyth, CEO of Companies House, said: ‘Identity verification will play a key role in improving the quality and reliability of our data and tackling misuse of the companies register. ‘To save time later, we encourage directors, people with significant control of companies (PSCs) and those filing information with Companies House to verify their identity during the voluntary window. ‘We expect identity verification to become mandatory from Autumn 2025.’ Internet link: GOV.UK

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