Concise Accountancy - London Accountants
Customer Login | Search This Site:   Go  

What we do Register a company Company accounts Abbreviated accounts Types of business taxes Paying staff and PAYE Apply VAT numbers Check VAT numbers Fixed fee accounts Services About us Careers
General Business Quiz
1. working capital is a term meaning:
 
The amount of capital invested by the proprietor
The excess of the current assets over the current liabilities
The capital less drawings
The total of fixed assets plus current assets
Submit
 
Latest UK Business News : A dart at the heart of the class system      ?Boris Island? airport plan sunk      Premier League spending hits new high      UK hits at transatlantic trade critics      UK manufacturing activity at 14-month low      

Accounts Late Filing Penalty

 

Delivery of accounts to Companies House

Many people think that a non-trading company or a dormant company does not have to deliver accounts to companies House because the company has nothing to show the public. In accordance to Companies Act, all limited companies including dormant and company that has not been traded are legally required to deliver annual accounts with the Registrar of Companies by the due date.

It is important you put together the books and records and send it to your accountants within reasonable time to prepare your company annual accounts. Failure to do so, the company will have to pay late filing penalty. If you are not sure your company accounts filing due date, you can check it at Companies house website. www.companieshouse.gov.uk

It is important to note that a late filing penalty is automatically sent to your company registered office even if the accounts are filed just one day late.

Avoid paying late filing penalty

The benefits of preparing your annual accounts soon after the accounting year end allow you to assess the performance of your company in that year and set your goals for the future.In addition, your accountants will be able to advice you the corporation tax payable to HM Revenue and Customs from the accounts prepared so that you know how much cash to put aside for tax bill.

There are some tips on how to avoid late filing penalty may be of interest to you.

If you are required guidance on filing your accounts, feel free to contact one of our accountants, they will be more than happy to assist you. This service is free of charge.

The Late Filing Penalty

If you deliver accounts late

Limited company (Ltd) 

Public company (Plc)

Less than 1 month

£150

£750

Less than 3 months

£375

£1500

Less than 6 months

£750

£3000

More than 6 months

£1500

£7500


The penalty for limited liability partnership (LLP) is similar to that of the limited company.

Concise Accountancy - UK London Chartered Accountants - Business information for UK companies.

 
Email This Page  Print This Page








 
 

Testimonials

No more late filing penalty!

Concise Accountants take care of all my company statutory requirements. They deal with everything for me for a fixed fee. Really good deals for newly start ups businesses.

I am happy that I do not have to deal with Companies House and tax office matters any more, I have more time to serve my customers.

Mr. John Paulo, Director