Posted: 03 August 2011
Issue: Vol 168, Issue 4315
Categories: In brief, News, Admin, CT: Small Companies, CT, iXBRL

Moratorium on new regulation for small firms ends 2014

Companies House (CH) announced its intention, in November 2010, to mandate electronic delivery of most of its filing services, including filing accounts in iXBRL, by March 2013.

It has decided that, particularly in light of the government’s wish not to add new regulations that affect small business, it will not proceed with legislation to mandate electronic services by March 2013.

Instead, it will try to improve digital services for customers, including assisted digital services for businesses which need help in this area, and make them the service of choice.

Companies House say it will reconsider the position when the moratorium on new regulation for small businesses ends in 2014.

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