Frequently Asked Questions > Filing Deadlines > What are the penalties if I file late?

In this section we deal with the most common questions that prospective clients have. Should you find that your questions are not answered here we encourage you to get in touch with us to discuss your requirements.

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Companies House Filing Penalties

Length of delay (measured from
the date the accounts are due)
Private
company
Public
company
Not more than 1 month £150 £750
More than 1 month but not more than 3 months £375 £1,500
More than 3 months but not more than 6 months £750 £3,000
More than 6 months £1500 £7,500

 

HMRC Filing Penalties

Penalties for sending your tax return late

Length of delay

Penalty you will be asked to pay

One day

Initial £100

Three months

£10 each day - up to maximum of £900.

Six months

£300 or 5% of the tax due, whichever is the higher.

Twelve months £300 or 5% of the tax due, whichever is the higher.
In serious cases you may be asked to pay up to 100% of the tax due instead.

Last updated on May 7, 2011 by Robert Harris

 
St Matthew Accountants is a trading name of STM Accounting Solutions Ltd, a company registered in England and Wales with its registered office at 1A Pope Street, London SE1 3PR, United Kingdom, Company Number 05666034, VAT Number GB107233450. Authorised and regulated by HMRC to provide accountancy, agency and trust services.

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