How will parent companies, their subsidiaries or LLPs report on SECR?

At the moment, it appears UK subsidiaries that qualify for SECR in their own right will not be required to report where they are covered by a parent’s group report.

Companies that are not registered in the UK (non UK incorporated) are not obliged to file annual reports at Companies House, and will, therefore, fall outside the scope of the mandatory SECR framework.

BEIS is proposing that large LLPs will be obligated to include SECR information in their annual reports through an equivalent to a director’s report.

Check out the rest of our articles and FAQs on SECR.