deadline

Why Filing Your Company Accounts on Time Matters for Your Business?

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Source: Why Filing Your Company Accounts on Time Matters for Your Business?

Missing your year-end accounts deadline can create big problems for any company. When you delay filing, you can face automatic penalties, unnecessary stress, and even damage to your company’s reputation. Companies House applies these fines to ensure that every business submits their accounts on time and even a small delay can turn into a bigger financial loss.

What happens when you submit your year-end accounts late?

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Source: What happens when you submit your year-end accounts late?

Companies House immediately applies an automatic late filing penalty of £150, and the amount increases the longer you delay.