Companies House: Finance
(asked on 17th March 2022) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what the annual budget for Companies House (a) was in each year since 2015 and (b) is for each year until 2024.
The total departmental expenditure limits for Companies House since 2014/15 until 2024/25 are
Financial Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019- 20 | 2020- 21 | 2021- 22 | 2022-23 | 2023- 24 | 2024- 25 |
Budget | £ 6.00m | £ 5.40m | £ 9.40m | £ 7.50m | £ 7.40m | £ 14.30m | £ 34.20m | £ 33.10m | £ 38.40m | £ 33.90m | £ 40.80m |
Companies House recovers the majority of its costs through fees, therefore it’s departmental expenditure limits are set net of its income.