Late accounts for Companies House
If you file your annual accounts late with Companies House, your company will get a late filing penalty and the directors could be prosecuted or disqualified.
|Up to 1 month
|1 to 3 months
|3 to 6 months
|More than 6 months
The penalties double if your accounts are late 2 years in a row.
You can appeal against a late filing penalty, but the appeal will only be successful if you can show that the circumstances are exceptional.
Get an extension
You can apply for an extension if both:
- an unforeseen event outside of your control stops you from sending your accounts
- you apply before the filing deadline
Email or write to Companies House, explaining what’s happened and how long you’ll need to file your accounts.
Late Company Tax Return
|Time after the deadline
|1 day late
|3 months late
|6 months late
||HMRC will estimate your company’s tax bill and add a penalty of 10% the unpaid tax
|12 months late
||Another 10% of any unpaid tax
If your returns are late 3 times in a row, the £100 penalties are increased to £500 each.
More than 6 months late
If your Company Tax Return is 6 months late, HMRC will write telling you how much Corporation Tax they think you must pay. This is called a ‘tax determination’. You can’t appeal against it.
You must pay the Corporation Tax due and send your Company Tax Return. HMRC will recalculate the interest and penalties you need to pay.
You can appeal to HMRC against a late filing penalty if you have a ‘reasonable excuse’
If you have a ‘reasonable excuse’, you can appeal against a penalty by writing to your company’s Corporation Tax office.