Many of us enjoy the added excitement of extra time and penalties when watching a game of football.
There will now be added excitement for company directors, because the time allowed to file accounts at Companies House is being reduced from 10 months to 9 months for private companies. This will apply, broadly, to accounting periods ending 30 April 2009 onwards.
In addition, late filing penalties have been increased as from 1 February 2009 to a minimum of £150, rising to £375 between 1 and 3 months late, £750 between 3 and 6 months late, and £1,500 after 6 months. If this is the second offence, the penalties will double.
It is therefore essential that we receive records from clients in a timely manner to ensure that these new deadlines are adhered to.
Sadly, we suspect this will reduce the time allowed for watching games of football etc.
We occasionally write about recent events and legislation, expressing our opinion and keeping you informed. New articles will be published here, so check back regularly.
WE HAVE MOVED!
5 July 2010
Emergency Budget 2010
23 June 2010
Budget 2010 report
25 March 2010
Pre-Budget Report 2009
14 December 2009
Two new directors!
19 November 2009
VAT changes for 2010
12 November 2009
Selby Gray clocks up 25 years!
1 October 2009