Is your smallholding business a company or Scottish Limited Partnership?

The Department of Business, Energy and Industrial Strategy (BEIS) together with Companies House are currently holding an open consultation on Corporate Transparency and Register Reform to:

• consider the reform to the information they require companies to disclose
• increase the checks on this information and
• improve the exchange of intelligence between Companies House and UK Law Enforcement bodies

The consultation, which is open until 5 August 2019, seeks your views on a series of reforms to limit the risk of misuse of corporate entities, including Scottish Limited Partnerships.

At a recent stakeholder event where the proposals were discussed, both BEIS and Companies House urged stakeholders, business and the professional community to respond to their proposals.