Thousands of company directors face penalties as enforcement actions resume

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Certain penalties and disqualifications and were paused during the pandemic but now firms that failed to file annual returns can be involuntarily struck off the register by the Companies Registration Office

Thousands of company directors face being hit with penalties or the prospect of disqualification when enforcement actions which have been paused since the pandemic resumes in the coming weeks, lawyers and accountants have warned.

The Companies Registration Office paused enforcement action in March 2020, at the outset of the public health crisis. But it will shortly resume this work, meaning companies that have failed to file annual returns can be involuntarily struck off the ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines