Cancel putting small business profit in the public domain from April 2027
From Apr 2027, Companies House intends to force small and micro businesses to publish their full profit and loss accounts online. This marks a significant and unnecessary intrusion into the financial privacy of hundreds of thousands of small businesses across the UK.
Signatures
6
signatures
Government response threshold (10,000) · 6/10,000
Debate threshold (100,000) · 6/100,000
- 30 JUL 2025Petition rejectedduplicate
You may wish to sign this petition which calls for a similar action: https://petition.parliament.uk/petitions/731571
- 13 JUL 2025Petition created
Background
Publishing profits is a breach of privacy, like sharing a personal payslip with the country.
It exposes owners to pricing pressure - customers could associate healthy profit with overcharging.
It exposes owners to loss of business in tough times - loss of confidence could lead customers to take business elsewhere.
Without context, figures are easily misread.
HMRC already has access to this data, public disclosure serves no benefit.
This policy harms, not helps, the UK's smallest businesses.