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Post Info TOPIC: Late Filing Fees


Newbie

Status: Offline
Posts: 2
Date: Sun Jan 1 23:38 2012
Late Filing Fees
 


Firstly hey guys!

Secondly, I'm the sole director of a small business that hasn't traded yet and it registered Dormant. I don't visit the Registered Office too regularly and managed to miss the notices to file my accounts and it become overdue and I owe for two months of arrears (i.e. £300-and-something). The company cannot afford this (obviously).

I believe that applying to be struck off the register would mean that Companies House won't pursue the fees, however if I wanted to reinstate the company it'd cost £100.

Is there anything else that can be done?

Any advice would be greatly appreciated.

Thanks :)

Jordan



__________________


Senior Member

Status: Offline
Posts: 427
Date: Tue Jan 3 09:06 2012
 

Hi Jordan

If the company has been issued a late filing penalty then there is nothing that can be done to avoid this.

If you want you could strike off the company (provided there is no creditors which if the company has never traded there wont be).  Would firstly get clearance from HMRC to wind up as they will probably object to any wind up unless they agree in advance.

As you say you could reinstate the company later for a cost or possibly you could set up a new company with the same name which you can do for about £40 or so.

Regards

MarkS



__________________

www.stewartaccountingservices.co.uk

Providing bookkeeping, accounting and taxation services to small and medium sized businesses.



Newbie

Status: Offline
Posts: 2
Date: Tue Jan 3 13:42 2012
 

So even if I wind up, I'd still have to pay the fees?

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Senior Member

Status: Offline
Posts: 318
Date: Tue Jan 3 14:20 2012
 

On a dormant company you would not be pursued for the penalties if you do a wind up. In fact I am surprised Companies House haven't already struck it off!

As said above you can then form a new company with the same name (I assume that is what you are protecting) at a later date.

__________________

Phil Hendy
Providing practical solutions to real problems
www.philhendy.com

The Bookkeepers Network Most Innovative Accountant for 2011



Senior Member

Status: Offline
Posts: 427
Date: Tue Jan 3 16:25 2012
 

Hi Jordan

As phil says if the company is wound up then the late filing penalties would not be pursued.

But there would be a cost of reinstating the company or starting a completely new one.

Regards

MarkS



__________________

www.stewartaccountingservices.co.uk

Providing bookkeeping, accounting and taxation services to small and medium sized businesses.

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