Late account filing
Avoid HMRC penalties with timely account filing
If you need urgent help, get in touch immediately.
Account filing can be a tedious chore at the best of times. Team that with being up against the clock and you might just have a nightmare situation on your hands. If you’ve found yourself running out of time to file your accounts, you’ll be happy to hear we have just the solution for you...
48-Hour Express Service
We know that not everybody has the budget to hire their own accountant or pay for a regular accounting service. That’s why we’ve designed a late filing service with a one-off fee to be used as and when you need it. That’s right, no monthly contracts or mountains of paperwork to see here thanks!
Our express filing service is fast and accurate, perfect for those who have left their accounts paperwork a little too long (don’t worry, we’ve all been there) and are up against the clock. Trust us to complete your filing and we’ll guarantee to make you compliant, ensuring you avoid any late account fines where possible.
For only £149 extra, we’ll take care of your year-end company account filing, self-assessment tax return and/or CIS rebate in 3 simple steps.
The best part? It’s a 48-hour turnaround which means we’ll have you back on-track in almost no time!
Filing company accounts late
As a business owner who is probably spinning multiple plates, we know you might not always have time to sort out the accounting side of things too. With to-do lists changing daily and priorities constantly shifting, it’s natural that deadlines creep up on you before you know it. However, when it comes to filing, missing a deadline has serious repercussions. Not only does late filing put you on the wrong side of HMRC, the aftermath might even disrupt your day-to-day operations as you scramble to sort it before you get more penalties.
We've included this table below to give you an idea of how much you'd be looking at forking out the longer you don't deal with your paperwork:
| Time after the deadline | HMRC penalties |
|---|---|
| Up to 1 month | £150 |
| 1 to 3 months | £375 |
| 3 to 6 months | £750 |
| More than 6 months | £1500 |
Reasonable Late Filing Excuses
In some situations, late filing isn’t a cause of negligence but rather unforeseen circumstances. Sometimes life just gets in the way no matter how hard we try to stay on top of things. If this is the case and you haven’t been able to file for a genuinely unavoidable reason, there are reasonable excuses for overdue accounts and taxes. You can read more about these and how to go about notifying HMRC in our recent guide on Late Tax Return.
Of course, we'd always advocate for proper planning to ensure you're not tearing your hair out when the deadline for filing tax returns comes around.
Importance of account filing
Every year, UK companies are required by law to file their company accounts online. This includes all of the company’s financial information for that past year and should be completed regardless of whether its status is active or dormant. For the all-important info on filing and how we can help, you can check out our accounts filing services here.
We’ve met our fair share of self-employed people over the years, enough to know that a helping hand with sorting out overdue accounts and tax documents never goes amiss. From limited companies and sole traders to freelancers and CIS workers, we look after anybody who can call themselves self-employed. Our goal is to simplify your life and take some of the pressure off you so you can get back to focusing on what you do best.
