Companies House penalties for filing accounts late from 1st February 2009
What are late filing penalties?
Late filing penalties were introduced in 1992 to encourage directors of limited companies to file their accounts on time because they must provide this statutory information for the public record.
What are the new late filing penalties?
The new table of penalties is a follows:
|
How late are the accounts delivered |
Penalty –
Private Company |
Previous penalty |
|
Not more than one month |
£ 150 |
£100 |
|
More than one month but not more than three months |
£375 |
£100 |
|
More than three months but not more than six months |
£750 |
£250 |
|
More than six months |
£1500 |
£500 six to twelve months late
£1000 > 12 months late |
|
How late are the accounts delivered |
Penalty - PLC |
Previous penalty |
|
Not more than one month |
£ 750 |
£500 |
|
More than one month but not more than three months |
£1500 |
£500 |
|
More than three months but not more than six months |
£3000 |
£1000 |
|
More than six months |
£7500 |
£2000 six to twelve months late
£5000 > 12 months late |
In addition where there was a failure to comply with filing requirements in relation to the previous financial year (and that the previous financial year had begun on or after 6th April 2008), the penalty will be double that shown in the table.
