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Efficient handling of statutory filings, annual accounts, and confirmation statements for inactive limited companies, ensuring compliance with Companies House and HMRC requirements.
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Comprehensive bookkeeping, VAT returns, corporation tax filings, and financial reporting for active trading businesses, optimizing tax efficiency and supporting growth.
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Specialized services for property investment companies, including rental income reporting, capital gains calculations, and compliance with property-related tax rules.
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Expert guidance for UK companies controlled by overseas entities, covering international tax compliance, transfer pricing, and reporting obligations under HMRC regulations.
Are accounts and corporate tax return the same thing?
No, they are distinct. Company accounts (financial statements like balance sheets and profit/loss) are filed annually with Companies House to provide public transparency on the company's financial position. The corporation tax return (CT600 form) is submitted separately to HMRC, detailing taxable profits and calculating the tax owed. While accounts inform the tax return, they serve different purposes and deadlines.
Which companies need to submit accounts to Companies House?
All UK-registered limited companies must submit annual accounts to Companies House, regardless of size or activity level. This includes dormant companies (filing simplified accounts), small/micro-entities (abbreviated versions), and larger firms (full audited accounts). Exemptions are rare, but unlimited companies and certain overseas entities may have different rules. Deadlines are typically 9 months after the financial year-end for private companies.
What happens if I would not send accounts for my company?
Failing to file accounts on time incurs automatic penalties from Companies House, starting at £150 for up to 1 month late, escalating to £1,500+ for over 6 months, with doubled fines for repeated offenses. Persistent non-compliance can lead to the company being struck off the register, director disqualification, and potential legal action. It may also harm credit ratings and restrict business operations.
Do I need an accountant to send accounts?
No, it's not legally required—you can prepare and file accounts yourself. However, preparation requires knowledge of accounting rules, including double entry bookkeeping. Also, hiring a qualified accountant is highly recommended to meet complex standards (e.g., FRS 102), avoid penalties, and optimize tax efficiency.
Reliable UK-based accountants
Regulated and certified accountants
We are certified accountants and tax advisers with over 20 years of experience, serving individuals and small businesses since 2003.
We offer reliable and cost-effective services, and are fully regulated members of
the Institute of Financial Accountants, supervised for Anti-Money Laundering (AML) compliance.
Our other registrations
We are also registered with the following authorities:
• Registered with the Information Commissioner’s Office (ICO)
• Authorised Corporate Service Provider at Companies House
• HMRC authorised agent
We are insured accountants
We hold Professional Indemnity Insurance with Hitchcox Insurance, as required for practising accountants in the UK.
