Reporting company payments to participators

Last updated: 18/05/2026

The government is consulting on proposals to mandate the reporting of transactions between close companies and their participators.
Proposed in scope transactions include cash withdrawals, loans, debts, dividends, other distributions and transfers of assets.
The details required would include the recipient, amount and date of each transaction.
The method and frequency of submissions is yet to be decided.
Timing: the consultation closes on 10 June 2026.