It is official, Companies House bank details have changed

Posted on 10th September 2020 by Streets What's trending?


Image to represent It is official, Companies House bank details have changed

When making payments to Companies House by bank transfer (BACS), you will now need to use their new bank account details.


Companies House’s change in status from a trading fund to a central government organisation has given rise to the change to a different type of bank account.

As such they are required to use bank accounts that come under the Government Banking scheme.

For those who need to make a BACS payment, any letters they send to you will include their new bank account details and instructions on how to pay Companies House. Companies House have also updated their bank details in any online guidance and emails.

Companies House’s old bank account will stay open for 6 months to make sure that all users transition successfully to the new account. The old account will close at the end of February 2021.

 


No Advice

The content produced and presented by Streets is for general guidance and informational purposes only. It should not be construed as legal, tax, investment, financial or other advice. Furthermore, it should not be considered a recommendation or an offer to sell, or a solicitation of any offer to buy any securities or other form of financial asset. The information provided by Streets is of a general nature and is not specific for any individual or entity. Appropriate and tailored advice or independent research should be obtained before making any such decisions. Streets does not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of obtaining Streets' visual or audible content.

Information

The content used by Streets has been obtained from or is based on sources that we believe to be accurate and reliable. Although reasonable care has been taken in gathering the necessary information, we cannot guarantee the accuracy or completeness of any information we publish and we accept no liability for any errors or omissions in material. You should always seek specific advice prior to making any investment, legal or tax decisions.


Expert insight and news straight
to your inbox

Related Articles


We are excited to introduce our new Virtual Finance Office service - ViFi

At ViFi, we specialise in providing virtual finance solutions that transform the way businesses manage their finances.ViFi is your virtual finance department, offering comprehensive remote financial services. From day-to-day bookkeeping to proactive financial planning, our team in the UK ensures that you have everything a traditional accountant offers, ...


You might think that your payroll is high now, but it is going to get even higher next April

The first Labour Budget in 14 years was supposedly billed as being one to drive growth, though it is hard to see how this will come about as from next April, businesses face increased costs of employing people with the rise in the national minimum wage to £12.21 ...


The latest in a string of mergers sees us firmly establish a presence in the South West

The announcement follows the merger of the well-established and widely respected Exeter chartered accountancy firm of Bush & Co with ourselves. This latest merger, along with that of the Bristol practice of Streets Steele following a merger only 12 months ago, now sees us firmly establish a presence ...

You might also be interested in...