This Content Was Last Updated on November 5, 2015 by Jessica Garbett


These increase from 1 February 2009, for accounts filed late after that date.

So, if your 31 March 2008 accounts, due for filing 31 Janaury, are filed late, the new rates apply. The new rates for private companies are:

– Less than one month late £150 (old rate £100)

– Over one month but less than three months £375 (old rate £100)

– Over three months but less than six months £750 (old rate £250)

– More than six months £1,500 (old rate £500 to 12 months, then £1,000)

These penalties are doubled if it is the second year in the row there is a failure.