New Late Filing Penalties from Companies House

Posted: Tuesday, 27 January 2009 @ 11:40
New Late Filing Penalties from Companies House

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Under the new Companies Act, Companies House are entitled to charge penalties for the late filing of Annual Accounts . These will come into force on 1st February 2009.

Yesterday, they announced that new penalties will be as follows:

For Private Companies (Ltd's):
Less than 1 month late: £150
Between 1 month and 3 months late: £375
Between 3 months and 6 months late: £750
More than 6 months late: £1,500

For Public Companies (PLCs):
Less than 1 month late: £750
Between 1 month and 3 months late: £1,500
Between 3 months and 6 months late: £3,000
More than 6 months late: £7,500

Also, if Accounts were filed late for the previous financial year (and the previous financial year began on or after 6th April 2008), then the above penalties are doubled.

Gary Cousins, Business Lawyer

Blog by Gary Cousins
Gary has been providing legal advice to shareholders, directors and business owners for over 25 years. Specialising in dispute resolution Gary is based in Birmingham with clients throughout the UK and overseas. View profile
Call Gary on +44 (0)121 778 3212 or by email
This blog is not intended to constitute legal advice, nor is it intended to be a complete and authoritative statement of the law, and what we say might be out of date by the time you read it. You should always seek legal advice to confirm whether or how any information in this article applies to your particular situation. We offer a free telephone consultation to discuss your particular circumstances.

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Thank you. Your response is great, very straight to the point! Hopefully this will bring an end to the matter. I will certainly be recommending your services as I am very impressed with the prompt dealing of this matter.
Janet Burbidge

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