Filing of annual return for tax-resident company with the Companies House: all UK companies must file an annual return with Companies House. The annual return provides a snapshot of the current state of a limited company including its share capital, shareholders, registered office address, secretary (if applicable) and its directors.
Returns must be sent every year within four weeks of the private company's registration anniversary or date of the last submission. Companies House do send reminders, and returns can be filed online or on paper. Failure to meet the deadline can result in Companies House closing down the tax-resident company and/or prosecuting the directors. Fines of up to £5,000 may be imposed.
Business start-up agents, such as Coddan, can take care of your annual return for you, which makes sure that it is done correctly and on time. An annual return must include: -
The annual return is completely separate from a tax-resident company's accounts, which must also be provided to Companies House. All limited companies and limited liability partnerships (LLPs) must submit an annual return. Unincorporated businesses, for example ordinary partnerships and self-employed sole traders, do not need to submit an annual return.