The UK government issued a press release on 14 July 2020, Huawei is to be removed from the UK 5G network and Huawei equipment is banned after 31 December 2020. Additionally, existing Huawei equipment must be removed from the UK 5G network by 2027.
This decision was made following a technical review by the National Cyber Security Centre in response to US sanctions.
5G provides the faster mobile internet and more reliable than 4G and 3G.
Huawei equipment include the following:
- full-fibre broadband equipment
No link between 5G and coronavirus
On the same note. back on May 2020, 5G was linked to the spread of Coronavirus. There were also 5G protest around the same time of the Black Lives Matters protest. The Government issued guidance explaining how 5G works and that there is no link between 5G and coronavirus.
Read the guidance here.
UK Businesses currently use 5G and Huawei equipment
The National Cyber Security Centre has issued guidance on the use of equipment from High-Risk Vendors (HRV) and Huawei is considered HRV.
See the guidance here.
Update your fixed assets register accordingly when you replace your Huawei equipment used for business, for example, the smartphone.
Companies House filings during COVID-19 pandemic
Companies House also gear up to support UK businesses during COVID-19 pandemic. They will automatically extend your company’s filing deadline. This will help you to avoid a late filing penalty if you are unable to deliver your company accounts on time during this pandemic. You do not need to do anything. You just need to go to Companies House website to check your new filing deadline.
On the same note, your confirmation statement filing deadline will also be extended. You would have 6 weeks to file your confirmation statement. Likewise, for the events driven filings, you will have 42 days (6 weeks) to notify Companies House instead of the usual 14 days filing deadline.
In addition, Companies House also created an interim paperless filing service to accept documents which would normally require a live signature.
During this pandemic, you are encouraged to submit your documents online to Companies House. You can use the webfiling service to file the following documents to Companies House.
- Confirmation statement
- Company accounts
- Events driven filings i.e director resigned or change of your registered office address.
- Closing down your company.
To file online, you would require your company’s authentication code. The authentication code is the electronic equivalent of your company’s director(s) signatures. Keep safe your authentication code.
If you require help with your company’s filings, contact Our accountants. They will be more than happy to assist you.