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Is Companies House going to make electronic filing mandatory?

April 26, 2017companies electronic filing going House mandatory

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Is Companies House going to make electronic filing mandatory?

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We are committed to doing 100% of our business electronically and the new Companies Act has given us powers to mandate e-filing. Nevertheless, we are not ready to withdraw any paper filing options at the moment, nor do we have a timetable for doing so. Our e-Filing levels have grown rapidly in recent years as customer preference has shifted away from paper and towards electronic submission. This year over 90% of annual returns and incorporations, for instance, have been submitted electronically. As our e-filing service matures further and paper filing volumes continue to shrink, we will consider phasing out paper filing options altogether for some, if not all of our filing transactions. Before any paper filing options are withdrawn, however, we will consult our customers and go back to parliament on our approach to mandating. To keep up with the latest news on the progress of the joint accounts development, subscribe to the accounts RSS feed.