Confirmation Statement

Increase in cost

Didn't find your answer?

Got a bit of a shock this morning filing Confirmation Statement for client. Price increased from £13 to £34. I know inflation has been high but thats taking the ****?

Replies (26)

Please login or register to join the discussion.

RLI
By lionofludesch
20th May 2024 11:23

Should be more.

There are too many tinpot companies around.

It took over 120 years to get to company 1m in 1971. Since then, millions have been achieved in 14, 9, 6, 3, 3, 3, 3, 2, 2, 1, 2, 1, 2 and 1 year.

Thanks (3)
Replying to lionofludesch:
By Ruddles
20th May 2024 11:57

How many SPVs in those numbers?

Thanks (3)
Replying to Ruddles:
avatar
By D V Fields
20th May 2024 13:52

None - they have to be registered with the DVLA.
Calling the register "Stupid Person Verified" seems apt.

Thanks (0)
Replying to lionofludesch:
avatar
By Tax Dragon
21st May 2024 19:29

lionofludesch wrote:

It took over 120 years to get to company 1m in 1971.

Over 120? Was it maybe 1971?

lionofludesch wrote:

Since then, millions have been achieved in 14, 9, 6, 3, 3, 3, 3, 2, 2, 1, 2, 1, 2 and 1 year.

Well that's no surprise. Companies breed companies and, being a young population, this probably results in exponential population growth.

Look at humans. Some say 4.5bn years for the first million of us, but now it's a million about every 5 days.

Thanks (0)
Replying to lionofludesch:
Flag of the Soviet Union
By thevaliant
22nd May 2024 11:52

Just inherited an audit client from the retiring senior manager.

Yep, you guessed it! Three companies. Two of them are dormant and don't do anything........ oh well.......

Thanks (0)
avatar
By Tom+Cross
20th May 2024 12:38

Prior to online filing, the (annual return) fee was closer to the current fee. I'm thinking around £30.00 forty years ago.

I also remember, between 1973 and 1982, my boss being visibly unwell if we didn't show complete respect for Companies House, indeed all Inland Revenue & HM Customs & Excise.

These days, I distrust the lot of them.

Thanks (0)
Replying to Tom+Cross:
RLI
By lionofludesch
20th May 2024 13:14

Tom+Cross wrote:

Prior to online filing, the (annual return) fee was closer to the current fee. I'm thinking around £30.00 forty years ago.

£32. That was the highest until now.

Thanks (1)
Replying to lionofludesch:
Flag of the Soviet Union
By thevaliant
22nd May 2024 11:51

Are you sure?

I seem to recall it was briefly £40 IF you filed a paper return (online was available) but this is going back at least 15 years, maybe 20.

Thanks (0)
Replying to thevaliant:
RLI
By lionofludesch
22nd May 2024 12:15

thevaliant wrote:

Are you sure?

No.

Thanks (0)
avatar
By Lucy N
20th May 2024 13:06

Not that surprising since it was common knowledge a few months ago

Thanks (6)
DougScott
By Dougscott
20th May 2024 13:36

They need the money to replace all the staff the Tories sacked so that they can do their job properly.

Thanks (0)
By JCresswellTax
20th May 2024 13:50

A surprise? have you been living under a rock?

Thanks (7)
avatar
By SXGuy
21st May 2024 08:12

I used to take that fee on the head in the past but now I'll be passing the cost on. Does take the P a bit.

Thanks (0)
Replying to SXGuy:
avatar
By pauld
21st May 2024 08:49

Yeah, I have included the filing fee of £13 in the annual bills already issued. Submitted 3 yesterday and so effectively £63 down. Seems a bit petty raising an additional bill for £21 so do I suck it up and recover with additional increase in next annual bill or do I raise a bill to each of them for £21?

Thanks (0)
Replying to pauld:
RLI
By lionofludesch
21st May 2024 09:15

pauld wrote:

Yeah, I have included the filing fee of £13 in the annual bills already issued. Submitted 3 yesterday and so effectively £63 down. Seems a bit petty raising an additional bill for £21 so do I suck it up and recover with additional increase in next annual bill or do I raise a bill to each of them for £21?

To be fair, it's your mistake for not keeping up to date. It's not like this was a secret.

Thanks (0)
Replying to lionofludesch:
avatar
By pauld
21st May 2024 10:07

From what I can see on tinternet, the changes were announced around February? but the annual bills I refer to were issued last year and cover the work for the following 12 months. For example with a 31 March 2024 year end, I issued all these bills in September 23. Was it common knowledge then? and I was just living life oblivious under my rock.

Thanks (0)
Replying to pauld:
RLI
By lionofludesch
21st May 2024 10:16

pauld wrote:

From what I can see on tinternet, the changes were announced around February? but the annual bills I refer to were issued last year and cover the work for the following 12 months. For example with a 31 March 2024 year end, I issued all these bills in September 23. Was it common knowledge then? and I was just living life oblivious under my rock.

You issue bills for work you haven't done?

Here's the downside of that.

Thanks (1)
Replying to lionofludesch:
avatar
By pauld
21st May 2024 10:28

They pay 1n 12 monthly instalments so by the time the accounts are completed they are paid up, its not billing for work not done, its allowing them to spread the cost and is good for cashflow on both sides.

Thanks (0)
Replying to pauld:
Stepurhan
By stepurhan
21st May 2024 11:24

pauld wrote:

Yeah, I have included the filing fee of £13 in the annual bills already issued. Submitted 3 yesterday and so effectively £63 down. Seems a bit petty raising an additional bill for £21 so do I suck it up and recover with additional increase in next annual bill or do I raise a bill to each of them for £21?


That's entirely down to you and your agreement with your client.

The question is more whether you want to risk the harm to the client relationship this could cause. You might not have known when the bills were raised, but this change has been well publicised, and extensively discussed in these forums, for quite some time. Telling clients this increase is coming as a surprise now is going to make you look not on top of things.

Thanks (0)
Replying to stepurhan:
avatar
By pauld
21st May 2024 11:31

Yes agree, not quite on top of things. Any idea when it was first publicised? All I can see is around Feb 24 which is not that long ago with the changes coming into force on 1 May 2024.

Thanks (0)
Replying to pauld:
Stepurhan
By stepurhan
21st May 2024 13:21

pauld wrote:

Yes agree, not quite on top of things. Any idea when it was first publicised? All I can see is around Feb 24 which is not that long ago with the changes coming into force on 1 May 2024.

I agree that February 2024 appears to be the formal announcement date.

That is still 3 months ago and it has been widely publicised, including threads and articles on this site. In my opinion it would still be a bad look to indicate to clients that this has come as a surprise to you.

Thanks (0)
Replying to SXGuy:
avatar
By Paul Crowley
21st May 2024 09:39

Same here. Will add to each bill as a separate line

Thanks (0)
the sea otter
By memyself-eye
21st May 2024 11:13

My car's road fund licence is still only £20.
That's for a year - DVLA won't give me the option of a 6 monthly fee......

Thanks (0)
Replying to memyself-eye:
avatar
By FactChecker
21st May 2024 13:37

Didn't know you had to get a road fund licence for a pedal-car?

Thanks (2)
Replying to FactChecker:
the sea otter
By memyself-eye
21st May 2024 18:10

Oi!
1950's Austin pedal cars are worth way more than my humble tin can....

Thanks (2)