Penalty suspension for late filed accounts has ended

Companies House has updated its Covid-19 guidance for its customers and has ended payment breaks for late filing penalties


UK registered private companies, public companies, and limited liability partnerships (LLP) will once again be given an automatic penalty when they file their accounts later than the deadline.

Companies House has taken a number of steps to make it easier for firms to file their accounts in the last 18 months, including introducing a technology that allows businesses to upload their accounts directly to Companies House rather than send paper documents.

The government body updated its guidance in April 2020 with a change to strike-off penalties which allowed companies extra time to send their accounts to Companies House and would not impose an automatic penalty if businesses filed the accounts late.

The level of the penalty has returned to what it originally was before the Covid-19 pandemic and depends on how late the accounts reach Companies House and differs whether the business is an LLP, private company, or public company.

How much company house can fine you for late submission?

The fines range from £150 to £1,500 for a private company or LLP and £750 to £7,500 for a public company. If accounts are filed late in two successive financial years, then the penalty will be doubled.

Companies House states that businesses are still able to appeal a fine and that each appeal is treated on a case-by-case basis, and it will take into consideration cases relating to Covid-19.

In March 2021, Companies House announced that it would resume its strike off processes after a temporary pause due to Covid-19. The automatic extension granted by the Corporate Insolvency and Governance Act has also come to an end.

Penalty suspension for late filed accounts has ended
Penalty suspension for late filed accounts has ended

Our service to you

If you are a self employed, business owner/director of company looking to get your accountancy and taxation matters sorted, look no further. We, at Naail & Co, are pro-active and easily accessible accountants and tax advisors, who will not only ensure that all your filing obligations are up to date with Companies House and HMRC, but also you do not pay a penny more in taxes than you have to. We work on a fixed fee basis and provide same day response to all your phone and email enquiries. We will also allocate a designated accounts manager who would have better understanding of your and business financial and taxation affairs. Book a free consultation call using the link below.

Related pages:

Get further information from the following pages;

Explore our services

Knowledge & resources

Tax rates card


Tax tables

Who we help?

Related Blogs:

Get further information from the following blogs;


News & recent developments