Companies House – Late Filing Penalties

There are Late Filing Penalties which are designed to encourage companies to file their accounts and reports on time. The penalties were first introduced in 1992 and were significantly increased from February 2009. All companies, private and public, large or small, trading or non-trading must send their accounts to Companies House. The late filing penalties guide has recently been updated although there have been no changes to the penalty amounts.


The table of penalties for late submission is as follows:
























How late are the accounts delivered  Penalty – Private Company    Penalty – PLC
Not more than one month     £150 £750
More than one month but not more than three months  £375 £1,500
More than three months but not more than six months     £750 £3,000
More than six months      £1,500 £7,500
 
Failure to file confirmation statements or accounts is a criminal offence, and which could see directors personally fined in the criminal courts. Late penalties which are unpaid will be referred to collection agents and may result in a County Court judgement or a Sheriff Court decree against the company.


It is possible to appeal against a penalty, but it will only be successful if the appellant is able to demonstrate that the circumstances of the late filing were exceptional.

Posted in Corporate Governance & Regulation

Exeter Accountant MJ Smith & Co

Celebrating 25 years of excellence.

Free 1st Meeting
Fixed Fees
Free Support!

Find out more

Client Portal Login

Forgot Password?

Latest News

Everything You Need to Know About Inheritance Tax

It can be difficult to know when to start planning for Inheritance Tax and whether it applies to you. That’s …
Read More

Seed Enterprise Investment Scheme

The SEIS provides for extensive Income Tax and Capital Gains Tax (CGT) breaks for investors and this greatly encourages much …
Read More

Companies eligible for Group Relief

Corporation Tax relief may be available when a company or organisation makes a trading loss. Companies that are eligible for …
Read More