- An event you could not control stops you from sending your accounts
- You apply for more time before the filing deadline
Time after deadline
Penalty (for private limited companies)
|Up to 1 month||?150|
|1 to 3 months||?375|
|3 to 6 months||?750|
|Over 6 months||?1,500|
8 most bizarre excuses received by Companies House
- ?Goats ate my accounts?
- ?I found my wife in the bath with my accountant?
- ?Pirates stole my accounts?
- ?We delivered the accounts to the betting office next door to Companies House?
- ?A volcano erupted and prevented me from filing?
- ?Slugs ate my accounts?
- ?It was Valentine?s Day?
- ?My company was more successful than I thought it would be, so I was too busy to file?
?In exceptional circumstances, companies can request an extension to the filing deadline, however these requests must be received before the filing deadline.”?Most companies can file accounts electronically ? it?s faster and easier. The Companies House WebFiling service has in-built checks to ensure that all the relevant information is provided before a customer can submit. It also provides filers with automatic e-mail ?confirmation that accounts have been received and once they have been accepted for filing.? __________________________________________________________________________________
Going to miss the self-assessment deadline? Find out the excuses you will need Emily Coltman, chief accountant to cloud accounting software provider FreeAgent, looks at some of the reasons that HMRC will accept for late filing. __________________________________________________________________________________
Other excuses Companies House won’t accept
- Your company is dormant
- You can?t afford to pay
- It was your accountant?s (or anybody else?s) fault
- You didn?t know when or how to file your accounts
- Your accounts were delayed or lost in the post
- The directors live or were travelling overseas
Micro-entitiesBusinesses considered “micro-entities” are afforded a handful of benefits. Micro-entities must have two of the following:
- Turnover of ?632,000 or less
- ?316,000 or less on its balance sheet
- 10 or fewer employees
- Prepare simpler accounts that meet statutory minimum requirements
- Send only a balance sheet with less information to Companies House
- Benefit from the same exemptions available to “small companies”
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