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News

New filing penalties

From February 1st 2009, late filing penalties will increase considerably. This is to encourage company directors to file annual accounts on time. For example, what was £100 for being three months late, will cost £375. Also the time frames between penalty rises are shorter. File annual accounts in time and avoid any worry.

Length of delay in fling Scale of penalties
Private Companies/LLPsPublic Companies
Not more than 1 month£150£750
More than 1 month, but not more than 3 months£375£1,500
More than 3 months, but not more than 6 months£750£3,000
More than 6 months£1,500£7,500

Added: 22/01/2009

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