Michael Sohor & Co is now known as Tamen Accountants. This is a name change only - we are the same dedicated team, and look forward to serving our valued clients for many years to come.
As we have mentioned in previous posts, Companies House have been tasked with introducing a number of changes introduced by the Economic Crime and Corporate Transparency Act 2023 (ECCT Act), that came into force on Monday 4 March 2024.
Changes introduced 4th March include:
New criminal offences and civil penalties will complement the measures introduced.
Companies House have confirmed that they will now be making their priority the cleansing of the register to remove details of those appointed without consent.
Companies House CEO Louise Smyth said:
“These new and enhanced powers are the most significant change for Companies House in our 180-year history.
“We’ve known for some time that criminals have misused UK companies to commit fraud, money laundering and other forms of economic crime.
“As we start to crack down on abuse of the register, we are prioritising cases where people’s names and addresses have been used without their consent. It will now be much quicker and easier to report and remove personal information that has been misused.”
As further changes mandated by the ECCT Act are introduced later this year we will post details on this blog.
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