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Limited Company Accounts

What are the penalties for filing late?

Answered by the TAG Accountancy team · Norwich, Norfolk

Quick Answer

Companies House penalties are automatic and are not waived for being nearly on time: £150 up to one month late, £375 up to three months, £750 up to…

Companies House penalties are automatic and are not waived for being nearly on time: £150 up to one month late, £375 up to three months, £750 up to six months and £1,500 beyond that. They double if you also filed late in the previous year.

HMRC applies its own separate penalties for a late corporation tax return, starting at £100. Persistent late filing can also lead to the company being struck off.

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