Threads / Corporate Transparency And Register Reform / HMRC and Companies House have explored opportunities from C…
Committee Material Published 12 Feb 2025 ↗ View on Parliament

HMRC and Companies House have explored opportunities from Companies House’s new powers, including a single streamlined system for registering and filing company, Corporation Tax and VAT documentation which would provide more assurance over the addresses of registered businesses. HMRC and Companies House estimated in early 2024 that closer integration of systems would take between five and 10 years to implement.43 HMRC and Companies House told us they are regularly meeting about this programme...

HMRC and Companies House have explored opportunities from Companies House’s new powers, including a single streamlined system for registering and filing company, Corporation Tax and VAT documentation which would provide more assurance over the addresses of registered businesses. HMRC and Companies House estimated in early 2024 that closer integration of systems would take between five and 10 years to implement.43 HMRC and Companies House told us they are regularly meeting about this programme, but it will require significant investment and there are issues which need to be resolved first, including different definitions in their regimes and d Type: conclusion | Number: 16 | Response status: not_addressed Government response: 3.1 The government agrees with the Committee’s recommendation. Target implementation date: November 2025 3.2 HMRC will write to the Committee in 6 months' time to update them on plans and progress. HMRC, Companies House and the Insolvency Service have strong rela