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Reminder - increased penalties for late filing of accounts

5 February 2009

As you may be aware, Companies House has substantially increased the penalties for late filing of annual accounts. The new penalties apply to all accounts filed late on or after 1 February 2009.

Under the new regime, penalties will apply to all accounts delivered late with maximum penalties applicable after only six months.

The new penalties are set out below but you should note that these are DOUBLED where the company failed to comply with filing requirements in relation to the previous financial year (if that previous financial year began on or after 6 April 2008):

Companies House has made it clear that the penalties will be strictly enforced, even where accounts are just one day late, and no waiver will be given where accounts are delayed in the post

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The content on this page is provided for the purposes of general interest and information. It contains only brief summaries of aspects of the subject matter and does not provide comprehensive statements of the law. It does not constitute legal advice and does not provide a substitute for it.

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