Bank Services

Treasury written question – answered on 7th October 2019.

Alert me about debates like this

Photo of Anneliese Dodds Anneliese Dodds Shadow Minister (Treasury)

To ask the Chancellor of the Exchequer, what steps the Government is taking to tackle the incorrect filing of dormant accounts.

Photo of Jesse Norman Jesse Norman Financial Secretary to the Treasury and Paymaster General

HMRC use data analytics tools to identify companies which have submitted a company tax return including dormant accounts when HMRC hold information to suggest company activity during the return period. Any companies identified will normally be subject to an enquiry.

Under the auspices of the Digital Economy Act 2017 HMRC also use their data analytics tools to identify companies which appear to have incorrectly submitted dormant accounts to Companies House. Details of these companies are passed to Companies House so that they can take appropriate action.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.