Latest News

Long-Term Sickness and the Accrual of Annual Leave Long-Term Sickness and the Accrual of Annual Leave
Unauthorised Database Use to Cost Companies Unauthorised Database Use to Cost Companies
Directors Who Misled Creditor Personally Liable Directors Who Misled Creditor Personally Liable
Court Refuses HMRC Right of Appeal in Tax Avoidance Case Court Refuses HMRC Right of Appeal in Tax Avoidance Case
Disability - Reasonable Adjustments and Their Chance of Success Disability - Reasonable Adjustments and Their Chance of Success
HMRC and ICAEW Announcements - Landlords Take Note HMRC and ICAEW Announcements - Landlords Take Note
Cookie Consent - Are You Prepared? Cookie Consent - Are You Prepared?
First Conviction Under the Bribery Act First Conviction Under the Bribery Act
Employment Status - Employee or Partner? Employment Status - Employee or Partner?
Salary Sacrifice - VAT Changes Salary Sacrifice - VAT Changes

Company Late Filing Fees

Companies filing their accounts after the due date are subject to late filing penalties which were last changed in February 2009.

Private companies are required to file their accounts within 10 months of the end of the accounting period. Those that file late, but within a month of the due date, will be fined £150. There is an ascending scale of charges if the filing is further delayed. Missing the deadline by more than 6 months will lead to a fine of £1,500.

Public companies must file their accounts within 6 months of the end of the accounting period. Failure to file by the due date will lead to a fine of £750. Again, an ascending scale applies. Missing the deadline by more than 6 months will lead to a fine of £7,500.

These time periods differ slightly for newly-incorporated companies.

Companies House has published useful guidance on filing accounts, including guidance on the presentation of documents: more than 6,000 sets of accounts are rejected annually and if an acceptable set is not delivered by the filing deadline, the company will face a fine.

The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.