Companies House has announced a change in the schedule of late filing penalties that might provide a nasty (and expensive) shock.
The dates for making submissions have changed and the penalties for missing deadlines have increased, which makes it doubly important that you check the details on the Companies House website. So for an example if a private company files its accounts more than 6 month late then the fine is £1,500. For a PLC the fine is a whopping £7,500.
If you need help understanding the implications for your business then just give us a call on 01384 235549 or email us at email@example.com. We will be pleased to help.
Lewis Smith & Co. – Experts in accountancy, tax and business planning