Overhaul The Companies Act And Various Revisions For SME’s

Remove the requirement for SME's that are largely or principally owner-managed to have an annual accounts audit.

Remove the requirement for SME's that are largely or principally owner-managed to have to make an annual return to Companies House.

Remove the requirement for SME's that are largely or principally owner-managed to have to file annual accounts.

Remove the requirement for SME's that are largely or principally owner-managed to have to have their information publicly displayed.

 

Why is this idea important?

Remove the requirement for SME's that are largely or principally owner-managed to have an annual accounts audit.

Remove the requirement for SME's that are largely or principally owner-managed to have to make an annual return to Companies House.

Remove the requirement for SME's that are largely or principally owner-managed to have to file annual accounts.

Remove the requirement for SME's that are largely or principally owner-managed to have to have their information publicly displayed.