# Close companies face additional reporting requirements

An episode of [ICAEW podcasts](https://invisiblenetwork.ai/podcast/1074716082), 23 Mar 2026, 4:30.

Audio: https://www.podtrac.com/pts/redirect.mp3/feeds.soundcloud.com/stream/2288866400-icaew-close-companies-face.mp3

Under new government proposals, close companies will have to report details of transactions with participators to HMRC, including the amount, date and details of the recipient for each transaction.

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