Simplified system for registering a new company at Companies House and with HMRC
As part of the Government’s “business growth package” launched on 10 November 2011, it was announced that “from April 1st ‘one-click registration’ will go live, so that businesses can get online, register their business at Companies House, sign up for PAYE registration, Corporation Tax and Self Assessment all in one place. The ability to register for VAT will be added shortly after”.
At the moment, after a company is registered at Companies House, HMRC is then informed by Companies House and sends the company an introductory pack which prompts the company either to provide various company and trading details to HMRC or to state that it is dormant company. So providing a “one-click” system by which a company can provide all this information and register for PAYE (and ultimately VAT) at the same time makes sense and slightly eases the hassle of starting a new company.
Companies House already offers a basic facility by which a private company limited by shares, with model articles of association, can be incorporated online. The proposed “one-click registration” may well build on that facility.
Friendly Corporate PSL
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