Written questions

Tax Avoidance: Small Businesses

Commons · Question 70185 · Tabled 22 Jul 2025 · Department for Business and Trade · Official record

Answered 3 Sep 2025

Question

Asked by Lisa Smart

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the impact of the requirement in the Economic Crime and Corporate Transparency Act 2023 that micro-entities publicly file their profit and loss accounts on sm

Answer

Answered by Justin Madders, 3 Sep 2025

The Department is currently engaging with stakeholders on proposed changes in filing requirements at Companies House, to ensure they strike the right balance between tackling economic crime and avoiding undue burden on business. In 2022, the department es...