Directory results

 
1 to 10 of 27 articles
  • 600+ Business Solutions - Late filing penalties
    The requirement to file annual accounts can be a real headache for directors, especially as it comes with the threat of a penalty for missing the deadline. Companies House (CH) has made some changes to its policy on late filing penalties, effective from 1 October 2019. What do you need to know?
    Click here
  • 600+ Business Solutions - Why change your accounting date?
    There are several reasons to change your company’s accounting period, for example to spread profit. The process is surprisingly straightforward but the payment deadlines can be easy to miss. How can you avoid being caught out?
    Click here
  • 600+ Business Solutions - Q&A - getting rid of a defunct company
    Q&A - getting rid of a defunct company..Q. A year ago I formed a company to run a new project but unfortunately the business never materialised. Can I get rid of the company without getting an accountant involved? A. Yes, as long as the company has no assets and hasn’t been active in the last three months you can apply to Companies House to have it struck off. There’s no requirement to produce accounts. If the company has been allocated a corporation tax number you should also contact HMRC (see The next...
    Click here
  • 600+ Business Solutions - More trouble filing accounts
    More trouble filing accounts..Rejections. Companies House (CH) is rejecting accounts from some micro-entity companies, i.e. those with a turnover up to £632,000 and balance sheet value not greater than £316,000. The trouble arises where the balance sheet doesn’t include a statement that the micro-entity rules apply - even though this is apparent from the account’s figures. Tip. If you’re submitting micro-entity accounts, ensure you include all the exemption etc. statements required by law (see The next...
    Click here
  • 600+ Business Solutions - Avoiding a fine for late accounts
    You started a company which barely got off the ground and soon closed down. Companies House (CH) says that accounts are still required and because they are overdue a financial penalty applies. Is there a way out of this sticky situation?
    Click here
  • 600+ Business Solutions - Seven-year ban for Mr Perfect
    A sole director has been disqualified for seven years because he failed to maintain proper accounting records on behalf of the company. What financial information are you required to keep?
    Click here
  • 600+ Business Solutions - New style accounts rejected
    Companies House says it rejected the accounts of more than 5,000 companies in August 2016. What’s the reason and what steps can you take to avoid similar trouble?
    Click here
  • Tips & Advice You & Your Business - New company accounts filing system
    New company accounts filing system..DIY accounts. Companies House (CH) and HMRC are working on new software intended for use by companies that want to submit their accounts direct to both government departments. The Company Accounts and Tax Online (CATO) system will replace the current one for accounting periods that start on or after 1 January 2016. Improvements. The new software will be wholly online (see The next step ), and unlike the current version won’t involve downloading a cumbersome and sometimes...
    Click here
  • Tips & Advice You & Your Business - New guidance on late accounts penalties
    New guidance on late accounts penalties..Penalties. In April 2015 Companies House (CH) issued updated guidance on fines for companies (or limited liability partnerships) that submit their accounts late. The guide includes revised information about appeals (see The next step ). You should pay particular attention if your accounts are due on a date that falls on a weekend or bank holiday as CH expects them to be submitted earlier. Being even a day late will trigger a minimum fine of £150. The next step For a...
    Click here
  • Tips & Advice You & Your Business - What’s so important about accounting dates?
    Companies House automatically allocates a financial year end when you form a company. The good news is that you’re not stuck with it. Why should you change it and how should you go about the task?
    Click here
 
1 to 10 of 27 articles

Filter results

Resources

Dates