Filing your annual return: one of the most taxing aspects of running a company is filing your annual return. From your tax return to the company accounts, it can be intimidating and time-intensive for any business owner. It requires care, attention and an excellent understanding of corporate finance to complete both efficiently and accurately. A reliable accounting and bookkeeping service is a valuable asset to small limited companies and multinational organisations alike. Coddan as well-known company formation agent has the expertise and insight to guide you through this process, providing specialist support so you can focus on the day to day running of your business. Find out how you can make your return easier with Coddan's free consultation.
|Filing of a Limited Company Annual Return|
Company owners can receive help with preparing and filing company annual returns through Coddan Ltd. We charged £99.00 for the online filing of annual return, in the case if we need to file the annual return by the submission of paper forms, our fee is £120.00. If you are not sure what service to order, you can place an order for the standard online filing. Should you need to file your return on paper, you will need to pay the balance before we can submit your documents to the Companies House.
Filing the company annual return online: HM Revenue and Customs (HMRC) want all companies to pay the right amount of tax, and takes reasonable steps to help companies meet their tax obligations.
For companies who are filing company accounts of less than £6.5 million turnover to Companies House, or a tax return to HMRC with turnover under £632,000, Coddan recommends using the HMRC online portal. The online service is the easiest way to submit your company, charity or association's tax return. Paper returns (CT600) are being phased out, and you may only complete this if you've had extenuating circumstances affecting your ability to file online.
Before you begin, ensure you have your company's statutory accounts to hand. You'll also need to be registered for a Government Gateway user ID and password, and have a password and authentication code with Companies House.
It's vitally important that you don't leave it until the last minute to file your tax return. Keeping your accounts up to date throughout the year, and giving yourself plenty of time to complete the tax return will make the process much simpler. Your company will be liable for fines if you file late or fail to complete your tax return. Contact the experts at Coddan for help, who will guide you through the process.
A company director has many responsibilities, but perhaps one of the most important is the filing of the company’s annual return with Companies House.
This return shouldn't be confused with the submitting of the company’s accounts. The annual return provides a range of detailed information about the company’s structure, share ownership and other general company information.
The return has to be filed within 28 days of the anniversary of the incorporation of the company; and while there is no penalty for a late return, if no return is filed at all, there can be severe consequences, ranging from a hefty fine to closure of the company and prosecution. Individuals who fail to ensure their company files an annual return can even be disqualified from being a company director.
The filing of an annual return with Companies House is an important part of running a company. The return provides an up to date picture of the company and includes a range of details including the names and addresses of the directors, the distribution and ownership of shares, and how the company is organised.
The annual return has to be filed every year within 28 days of the anniversary of the company's incorporation. It is important to remember that failing to file your return on time is a criminal offence that can lead to heavy fines, loss of your company, or even prosecution. So it is vital to make sure that you meet the filing deadline.
Filing an annual return is one of the most important aspects of running any company. The form has to be filed with Companies House every year within four weeks of the anniversary of the company's incorporation, even if the company is dormant, and failure to submit this return on time can lead to prosecution.
An annual return can also be onerous to complete. It must contain a range of details about the nature of the business the company operates and its internal structure, including who owns shares in the company, and the names and addresses of all the directors. Knowing what to include and what to leave out can be complicated, and it is a good idea to get help to ensure that your return is complete and correctly submitted.