How To Avoid Late Filing Penalties - Company Formation - UK Registration Services
The simple rule in ensuring that penalties and fines are avoided is to make sure that accounts are prepared in good time before their submission date. This time must include delivery time and possibly take in to account postal delays and other potential
obstacles.
The use of a diary and reminder mechanism can be useful. Accountants can also be used to act as an initiator in reminding you that accounts are due by a certain date.
The accounts which are delivered to Companies House must be the correct accounts and comply with the relevant aspects of the law. The automatic filing penalties will take effect if the accounts are not acceptable and this causes the proper documents to be sent in late.