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How Does Depreciation Work When Finalising Limited Company Accounts in 2026?   How Does Depreciation Work When Finalising Limited Company Accounts in 2026? Yes — depreciation is a non-cash accounting expense that spreads the cost of a fixed asset (such as machinery, vehicles, or office equipment) over its expected useful life. When finalising your limited company accounts, you must calculate and record depreciation correctly in the Profit & Loss account and Balance Sheet to show a true and fair view of your company’s financial position. Updated March 2026: Under FRS 102 (the main UK accounting standard for small and medium-sized companies), depreciation must be calculated systematically and applied consistently. Importantly, the depreciation figure in your accounts is not deductible for Corporation Tax — you claim Capital Allowances instead. With many businesses still adjusting to full expensing rules and the upcoming reduction in writing-down allowances, getting depreciation right at year-end is more important than ever. At Filing Accounts, we help directors and small business owners accurately calculate depreciation and prepare compliant year-end accounts every month. Contact us today for expert help with your final accounts and tax-efficient capital allowances claims. What Is Depreciation in UK Limited Company Accounts? Depreciation is the systematic allocation of the cost of a tangible fixed asset over the period it is expected to be used by the business (its “useful life”). It is not a cash outflow — the cash was spent when you bought the asset. It appears as an expense in the Profit & Loss account (reducing reported profit). It reduces the carrying value of the asset on the Balance Sheet through an “accumulated depreciation” account. Why it matters when finalising accounts: Depreciation ensures your financial statements reflect the real economic use of assets rather than showing them at original cost forever. Incorrect or missing depreciation can lead to overstated profits, non-compliant accounts, and potential issues with Companies House or HMRC. Official source: FRS 102 guidance on tangible fixed assets How Depreciation Is Calculated – The Two Most Common Methods Most UK limited companies use one of these two methods (you must choose a policy and apply it consistently): Method How It Works Best For Example (Asset £10,000, 5-year life, no residual value) Straight-Line (most popular for simplicity) Equal amount each year: (Cost – Residual Value) ÷ Useful Life Office equipment, fixtures £10,000 ÷ 5 = £2,000 per year Reducing Balance Fixed % of the net book value each year Vehicles, machinery that lose value faster early on Year 1: £10,000 × 25% = £2,500 Year 2: £7,500 × 25% = £1,875    Partial-year rule: If you buy or sell an asset during the year, you usually charge a full year’s depreciation or pro-rate it (check your company’s accounting policy). How Depreciation Is Recorded When Finalising Accounts At year-end you post this simple journal entry: Debit: Depreciation Expense (in the Profit & Loss account) Credit: Accumulated Depreciation (in the Balance Sheet) Example impact on final accounts: Profit & Loss: £2,000 depreciation expense reduces net profit. Balance Sheet: Fixed asset cost £10,000 minus accumulated depreciation £2,000 = £8,000 net book value. Step-by-Step Checklist: What to Check When Finalising Depreciation in 2026 Accounts Follow this practical checklist to avoid errors: List all fixed assets — include cost, date acquired, and current net book value. Confirm the depreciation policy — straight-line or reducing balance? Document it in your accounting policies note. Review useful life estimates — are they still realistic? (e.g., computers 3–5 years, vehicles 4–6 years, machinery 5–10 years). Check residual (scrap) value — most small companies assume zero, but review if significant. Apply partial-year depreciation — for assets bought or sold mid-year. Test for impairment — if an asset’s value has fallen dramatically (e.g., due to damage or obsolescence), you may need an extra write-down. Ensure consistency — the same method and rates must be used year after year unless there is a genuine reason to change. Separate accounting depreciation from tax relief — add back depreciation in your Corporation Tax computation and claim Capital Allowances instead. Pro tip: Most accounting software (Xero, QuickBooks, Sage) will calculate this automatically if you set up the asset register correctly. Depreciation vs Capital Allowances – The Crucial Difference Key point for UK limited companies: Depreciation in your accounts is not an allowable expense for Corporation Tax. HMRC instead gives tax relief through Capital Allowances (e.g., Annual Investment Allowance, Full Expensing, Writing-Down Allowances). Accounting depreciation → reduces reported profit in your statutory accounts. Capital Allowances → reduces taxable profit for Corporation Tax. This difference is one of the most common areas accountants adjust at year-end. Official GOV.UK guidance: Capital allowances Common Mistakes Directors Make When Finalising Accounts Forgetting to depreciate assets altogether (overstates profit). Using inconsistent methods year to year. Applying full-year depreciation to assets bought late in the year. Confusing accounting depreciation with tax capital allowances. Not reviewing useful lives annually. What Our Clients Say on Trustpilot “Filing Accounts explained depreciation clearly and made sure our year-end accounts were spot on. Saved us from tax mistakes!” – Anonymous, March 2026 (5 stars) “Professional service — they handled depreciation, capital allowances, and the full final accounts perfectly.” – Mark T., February 2026 (5 stars) “Quick and accurate year-end support. Highly recommend for small limited companies.” – Sarah L., January 2026 (5 stars) With our consistent 4.2/5 Trustpilot rating, directors trust us to get the details right. Frequently Asked Questions What is the most common depreciation method for small UK companies? Straight-line is the simplest and most widely used. Does depreciation reduce my Corporation Tax bill? No — you add it back and claim Capital Allowances instead. Do I have to depreciate every asset? Yes, for all tangible fixed assets with a useful life longer than one year (except land). What happens if I get depreciation wrong in my accounts? It can lead to inaccurate profit figures, non-compliant accounts, and potential issues with Companies House or HMRC. Can Filing Accounts help with my year-end depreciation and accounts? Yes —

How to Incorporate a Limited Company Limited by Shares in the UK in 2026 – Complete Step-by-Step Guide   How to Incorporate a Limited Company Limited by Shares in the UK in 2026 – Complete Step-by-Step Guide Yes — incorporating a limited company limited by shares is the most popular and straightforward way to set up a UK limited company. It gives you limited liability protection while allowing you (and any other shareholders) to own the company through shares. Updated March 2026: The process is now 100% online via Companies House, takes as little as 24 hours in most cases, and costs £100 for digital incorporation (increased in February 2026). Director ID verification is now mandatory at the point of incorporation, and you must provide full Persons with Significant Control (PSC) details from day one. At Filing Accounts, we help hundreds of new directors incorporate their first limited company limited by shares every month — quickly, correctly, and with full compliance. Contact us today for a fast, fixed-price incorporation package including director ID verification and first-year support. What Is a Limited Company Limited by Shares? A limited company limited by shares is a private company (Ltd) where the liability of each shareholder is limited to the amount they have agreed to pay for their shares (usually £1 per share). This is the most common type of limited company in the UK because: It offers strong limited liability protection It is easy to issue shares to raise capital or bring in investors It has a clear ownership structure through share capital Key difference from limited by guarantee: Limited by shares is used for profit-making businesses. Limited by guarantee is mainly for charities and non-profits (no share capital). Official GOV.UK guidance: Set up a private limited company Why Incorporate a Limited Company Limited by Shares in 2026? Personal asset protection (your house, car, savings are usually safe) Professional image and credibility with customers/suppliers Easier access to business banking, loans, and grants Tax efficiency (Corporation Tax at 19–25%, dividend planning) Ability to sell shares or bring in investors later Step-by-Step: How to Incorporate a Limited Company Limited by Shares in 2026 Step 1: Choose Your Company Name Must be unique and not too similar to existing companies Cannot contain sensitive words (e.g., “Royal”, “Bank”) without permission Check availability instantly on Companies House WebFiling Step 2: Appoint Directors and Shareholders Minimum 1 director (can be the same person as shareholder) Directors must be 16+ and not disqualified All directors must complete ID verification before incorporation (mandatory since November 2025) Step 3: Decide Share Structure Most new companies issue 1 or 100 ordinary shares at £1 each You can issue different classes of shares later if needed Step 4: Prepare the Required Documents You will need to provide: Company name Registered office address (can be your home or a virtual office) Directors’ details (full name, date of birth, nationality, address) Shareholders’ details and share allocation PSC (Persons with Significant Control) details Memorandum and Articles of Association (standard template is fine) Step 5: File the Incorporation Online Go to the official Companies House incorporation service Create or log in to your Companies House account (GOV.UK One Login) Complete the online form (IN01) Upload or confirm director ID verification Pay the £100 digital fee Submit — you will usually receive the Certificate of Incorporation within 24 hours Important 2026 update: All new directors must verify their identity before the application is accepted. Official link: Incorporate your company online What Happens After Incorporation? Once you receive your Certificate of Incorporation: Your company legally exists You get a Company Registration Number (CRN) You must file your first Confirmation Statement (CS01) within 14 days of the anniversary You must set up a business bank account Register for Corporation Tax with HMRC within 3 months of starting to trade Consider VAT and PAYE registration if thresholds are met Costs of Incorporating a Limited Company Limited by Shares in 2026 Item Cost (2026) Notes Companies House incorporation fee £100 (digital) £120 paper (not recommended) Director ID verification Free (online) Mandatory First CS01 filing £50 Due within 14 days of anniversary Professional incorporation service £49–£149 Includes everything + advice    Common Mistakes New Directors Make Choosing a name that is too similar to an existing company (rejected) Forgetting to verify director ID (application rejected) Using their home address without considering privacy (you can use a service address) Not registering for Corporation Tax within 3 months Issuing shares incorrectly or without proper documentation What Our Clients Say on Trustpilot “Filing Accounts incorporated my limited company by shares in under 48 hours. Everything was explained clearly and professionally.” – Anonymous, March 2026 (5 stars) “Super fast and stress-free service. They handled ID verification and all the paperwork.” – Mark T., February 2026 (5 stars) “Best decision I made — saved me hours of confusion. Highly recommend for first-time directors.” – Sarah L., January 2026 (5 stars) With our consistent 4.2/5 Trustpilot rating, new business owners trust us to get their limited company set up correctly from day one. Frequently Asked Questions How long does it take to incorporate a limited company limited by shares? Usually 24 hours for digital applications (sometimes same day). Can I incorporate a limited company by shares myself? Yes — but professional help reduces the risk of errors and rejections. What is the minimum number of shares I need to issue? You can issue just 1 share, but most people issue 100 for flexibility. Do I need a company secretary? No — not required for private limited companies since 2008. Can non-UK residents incorporate a limited company? Yes — no UK residency required for directors or shareholders. Official GOV.UK resources: Set up a private limited company Incorporate your company online Director ID verification Ready to Incorporate Your Limited Company Limited by Shares? Don’t waste time on paperwork or risk costly mistakes. Let Filing Accounts handle the entire incorporation process for you — quickly, compliantly, and at a fixed, affordable price.

How to Find Your Corporation Tax Payment Reference (CT Payment Reference) UK 2026   How to Find Your Corporation Tax Payment Reference (CT Payment Reference) UK 2026 If you need to pay Corporation Tax for your UK limited company, you must use the correct 17-character Corporation Tax payment reference (often called the CT payment reference). Using the wrong reference can delay your payment being allocated correctly, leading to unnecessary interest charges or reminders from HMRC. Updated March 2026: Your CT payment reference is unique to each accounting period. It is usually a 17-character code starting with your 10-digit Corporation Tax UTR (Unique Taxpayer Reference), followed by specific codes for the period. The easiest ways to find it are through your HMRC online account or official HMRC letters. At Filing Accounts, we help directors locate their CT payment references quickly and ensure payments are made correctly to avoid penalties. Contact us today for help with your Corporation Tax payment or full CT600 filing. What Is a Corporation Tax Payment Reference? The Corporation Tax payment reference (also called CT payment reference) is a 17-character code that HMRC uses to match your payment to the right company and the correct accounting period. It is different from your 10-digit Corporation Tax UTR (which identifies the company overall). The reference changes for every accounting period, so you must use the exact one for the year you are paying. Example format: 1234567890A00101A First 10 digits = Your Company’s Corporation Tax UTR Next characters = Accounting period identifiers and check digits Using the correct reference ensures your payment is credited on time and avoids confusion. Official GOV.UK guidance: Pay your Corporation Tax bill Why the Correct CT Payment Reference Matters Wrong reference → Payment may be allocated to the wrong period or company. This can trigger late payment interest (currently around 7.75%) even if you paid on time. HMRC may still send reminders or penalties. Many directors make this mistake when paying by bank transfer or Bacs, especially for the first time. How to Find Your Corporation Tax Payment Reference – Step by Step (2026) Here are the most reliable methods, ranked from easiest to most time-consuming: 1. Through Your HMRC Online Account (Fastest & Recommended) Log in to your Government Gateway / HMRC online account. Select Corporation Tax. Choose View account or View Corporation Tax statement. Select the relevant accounting period. Your 17-character payment reference will be displayed clearly. This is the quickest method and works even if you haven’t received any letters yet. 2. On Official HMRC Letters Look for these documents (sent to your company’s registered address): Notice to deliver your Company Tax Return (CT603 or similar) Any payment reminder or payslip from HMRC Previous CT600 filing acknowledgements The 17-character reference is usually printed prominently on the payslip section. 3. Ask Your Accountant or Agent If you use an accountant or agent with authorisation on your HMRC account, they can view and provide the exact reference instantly. 4. Contact HMRC Directly Call the Corporation Tax helpline: 0300 200 3410 Have your: Company name Company registration number 10-digit Corporation Tax UTR ready HMRC can confirm the reference over the phone, but expect wait times. How the Corporation Tax Payment Reference Works It is accounting period specific — you need a new one for each year-end. When paying online (Faster Payments, CHAPS, Bacs) or by bank transfer, enter the full 17-character code exactly in the reference field. For cheque payments: Write the reference on the back of the cheque. HMRC accepts the payment based on the date it leaves your bank account (as long as it’s a weekday). Important 2026 note: Always double-check the reference matches the exact accounting period you are paying for. Payments made with the wrong reference can take weeks to reallocate. Common Mistakes When Using the CT Payment Reference Using only the 10-digit UTR instead of the full 17-character code. Copying an old reference from a previous year. Paying without confirming the reference in the HMRC online account. Assuming the reference stays the same forever. These errors are among the top reasons directors receive unexpected late payment reminders. What Our Clients Say on Trustpilot “Filing Accounts quickly found my CT payment reference and helped me pay on time. Saved me from interest charges!” – Anonymous, February 2026 (5 stars) “Clear guidance on the 17-digit reference. Professional and fast service.” – Mark T., March 2026 (5 stars) “They sorted my Corporation Tax payment reference and filing in one go. Highly recommend.” – Sarah L., January 2026 (5 stars) With our consistent 4.2/5 Trustpilot rating, directors trust us to handle these details correctly. Frequently Asked Questions What is the difference between Corporation Tax UTR and payment reference? The UTR is a 10-digit code that identifies your company. The payment reference is a 17-character code used specifically when making a payment for a particular accounting period. Do I need a different reference for each year? Yes — the reference changes with each accounting period. What if I can’t find my CT payment reference? Log into your HMRC online account first. If still stuck, call HMRC on 0300 200 3410 with your company details. Can I pay Corporation Tax without the reference? Technically possible via some methods, but it risks the payment not being allocated correctly. Always use the full 17-character reference. Official GOV.UK resources: Pay your Corporation Tax bill Pay Corporation Tax by bank transfer or at your bank Need Help Finding Your CT Payment Reference or Paying Corporation Tax? Don’t risk delays or extra interest. Filing Accounts can locate your exact Corporation Tax payment reference, prepare your CT600, and ensure your payment is made correctly and on time. Contact us today or book a free consultation — we’ll take care of your Corporation Tax obligations efficiently.

What Is an Accounting Reference Date (ARD) and How Do You Change It? updated March 2026   Yes — every UK limited company has an Accounting Reference Date (ARD), which is the official end date of its financial year. It determines when you must prepare and file your annual accounts with Companies House and your Corporation Tax return with HMRC. Updated March 2026: Your ARD is automatically set by Companies House as the last day of the month in which the anniversary of your company’s incorporation falls. For most companies, this creates a standard 12-month financial year, but you can change it (shorten or extend) using form AA01 — provided you act before the accounts filing deadline and follow the strict rules on extensions. Changing your ARD is a common request among new directors who want to align their year-end with business cycles, tax planning, or group companies. At Filing Accounts, we regularly help clients change their ARD safely and on time while avoiding penalties. Contact us today for expert guidance and to handle the change for you. What Exactly Is an Accounting Reference Date (ARD)? The Accounting Reference Date (ARD) is the date on which your company’s financial year ends. It is also commonly called your year-end or accounting year-end. Your annual statutory accounts must be prepared up to this date (or up to 7 days either side). It directly affects your filing deadlines with Companies House and HMRC. For a new company, Companies House automatically sets the first ARD as the last day of the month in which the first anniversary of incorporation falls. Example: Company incorporated on 15 March 2025 → First ARD is 31 March 2026 (last day of the month of the first anniversary). Subsequent years would normally end on 31 March each year. Official source: Companies House guidance on accounting reference dates Why Does the ARD Matter for Your Limited Company? Filing deadlines: Accounts must reach Companies House 9 months after the ARD (21 months for the first set of accounts). Corporation Tax: Your CT600 return is due 12 months after the ARD, with payment due 9 months and 1 day after. Business planning: Aligning your ARD with your busiest or quietest period makes accounting and tax planning much easier. Group alignment: Many companies change their ARD to match parent or subsidiary companies. Changing the ARD can give you extra time to prepare accounts or bring your year-end forward for better cash-flow management. How to Change Your Accounting Reference Date (ARD) in 2026 You can change the ARD for the current financial year or the immediately previous one, but not if accounts for that period are already overdue. Key Rules for Changing ARD (2026) Shortening the period: Allowed as many times as you want. Extending the period: Maximum 18 months (unless the company is in administration). You can only extend once every 5 years in most cases. You cannot change the ARD if accounts are late. Step-by-Step Guide: How to Change Your ARD Decide on the new ARD Choose a sensible date that suits your business (many choose 31 December, 31 March, 30 June or 30 September). Check you are still within the allowed window The change must be filed before the accounts filing deadline for the period you want to change. Prepare Form AA01 This is the official “Change of accounting reference date” form. File the form with Companies House Online (recommended – fastest): Use the Companies House WebFiling service or the online change service. You’ll need your company authentication code or GOV.UK One Login. By post: Download and complete form AA01 and send it to the address on the form. Companies House processes the change Online changes are usually confirmed within days. You can then check the updated ARD on your company’s public record at Find and update company information. Official form and guidance: Change your company’s year end (GOV.UK) Form AA01 – Change of accounting reference date Pro tip: Always get director approval (via board resolution) before filing, even though the form only needs one signature. What Happens After You Change the ARD? Your new filing deadlines update automatically. If you shortened the period, you may need to file accounts sooner. If you extended it, you get extra time (up to 18 months maximum). The change may also affect your Corporation Tax accounting period — check with HMRC if needed. Common Mistakes When Changing ARD Filing the change after the accounts deadline → rejected. Trying to extend more than once in 5 years without qualifying exemption. Forgetting that the change only applies to the current or previous period. Not updating internal records or software after approval. What Our Clients Say on Trustpilot “Filing Accounts helped us change our ARD smoothly and explained everything clearly. Saved us from a tight deadline!” – Anonymous, February 2026 (5 stars) “Professional and quick service for our accounting reference date change. Highly recommended.” – Mark T., March 2026 (5 stars) “They handled the AA01 filing and made sure we stayed fully compliant.” – Sarah L., January 2026 (5 stars) Our consistent 4.2/5 Trustpilot rating shows we deliver reliable support for these important changes. Frequently Asked Questions What is the default ARD for a new company? It is automatically set as the last day of the month in which the first anniversary of incorporation falls. Can I change my ARD more than once? Yes for shortening. For extending, only once every 5 years in most cases. Do I need an accountant to change my ARD? No — you can do it yourself online. However, professional help ensures you avoid mistakes that could delay your filing deadlines. How long does it take for the change to be approved? Online submissions are usually processed within a few working days. Will changing my ARD affect my tax obligations? It may shift your Corporation Tax deadlines — always check with HMRC or your accountant. Official GOV.UK resources: Change your company’s year end Form AA01 guidance Life of a company –

Can a Dormant Company Have a Bank Account and Still File Dormant Accounts? updated March 2026   Yes — a dormant company can have a bank account and still file dormant accounts with Companies House, but only if no significant accounting transactions occur through it during the financial year. Updated March 2026: Having the account itself does not break dormancy. However, even a tiny amount of bank interest, monthly maintenance fees, or any other transaction will usually mean the company is no longer considered dormant for Companies House purposes — and definitely not for HMRC Corporation Tax. Many directors keep a bank account open “just in case” and are surprised when it triggers full accounts and a Corporation Tax return. At Filing Accounts, we help hundreds of directors every year maintain proper dormant status while safely managing any necessary bank accounts. Contact us today for a free dormancy check and fixed-price dormant accounts filing. What Does “Dormant” Actually Mean for Companies House? Companies House uses a very specific definition: A company is dormant if it has had no significant accounting transactions in the financial year. Significant accounting transactions = anything that must be recorded in the company’s accounting records (e.g. sales, purchases, expenses, bank interest received, bank charges paid). Transactions that do NOT break dormancy (official exemptions): Filing fees paid to Companies House Late filing penalties Money paid for shares when the company was first incorporated Official source: Companies House guidance – Dormant for Companies House Can a Dormant Company Have a Bank Account? (The Practical Answer) Yes — technically. Opening or maintaining a bank account is not itself a “transaction”. The account can sit open with a zero or nominal balance. But in practice it is risky. Most banks automatically: Charge monthly or quarterly maintenance fees Pay interest (even a few pence) These small movements are considered significant accounting transactions by Companies House and will break dormant status. Allowed vs Not Allowed Transactions (2026 Rules) Transaction Type Allowed for Dormant Status? What Happens If It Occurs? Bank account exists (zero activity) Yes Company remains dormant Bank interest received No Breaks dormancy → full accounts + CT600 required Bank maintenance/charges No Breaks dormancy Companies House filing fee Yes Allowed Late filing penalty Yes Allowed Share capital paid on incorporation Yes Allowed Any trading income/expense No Company becomes active    Key difference: Companies House looks only at significant accounting transactions. HMRC is stricter — any income at all (including bank interest) means the company is no longer dormant for Corporation Tax and must file a CT600 return. Step-by-Step: How to Keep a Bank Account and Still File Dormant Accounts Safely Open or keep the account only if absolutely necessary Many directors choose to close the business bank account entirely to eliminate risk. Monitor for automatic transactions Contact your bank and request “no interest” or “no charges” if possible (some banks allow this for dormant accounts). Check the balance regularly Ensure the account shows zero activity every quarter. Prepare dormant accounts as normal Use the simple online template showing only share capital (and possibly a nominal cash balance if the account is held). File with Companies House Submit dormant accounts within 9 months of your accounting reference date (21 months for first accounts). Director ID verification is mandatory. File your Confirmation Statement (CS01) Still required every year (£50 fee in 2026). Notify HMRC separately Tell HMRC the company is dormant so they do not send you a Corporation Tax return. Pro tip: If your dormant company already has a bank account with even £1 of interest showing, it is safer to file as a non-trading (non-dormant) company rather than risk rejection or penalties. Deadlines & Penalties for Dormant Accounts Filing 2026 How Late Penalty (Private Limited Company) Up to 1 month £150 1–3 months £375 3–6 months £750 Over 6 months £1,500    Penalties double if you are late two years running. Persistent failure can lead to compulsory strike-off. Official guidance: Preparing and filing Companies House accounts Common Mistakes Directors Make with Dormant Bank Accounts Leaving the account open and forgetting about small monthly charges Assuming “a few pence of interest doesn’t matter” Not notifying HMRC of dormancy (leading to unexpected CT600 demands) Forgetting the annual CS01 filing (£50 fee) Trying to file dormant accounts when bank interest has already been credited What Our Clients Say on Trustpilot “Filing Accounts checked our dormant company with a bank account and confirmed we could still file dormant accounts safely. Super quick and clear advice!” – Anonymous, March 2026 (5 stars) “They handled everything including the bank account review. No stress, no penalties. Brilliant service.” – David R., February 2026 (5 stars) “Saved us from accidentally breaking dormancy. Highly recommend for dormant filings.” – Sarah L., January 2026 (5 stars) With a consistent 4.2/5 Trustpilot rating, directors trust us to keep their companies compliant. Frequently Asked Questions Can my dormant company keep its bank account open? Yes, as long as there are zero transactions (no interest, no charges). What if my bank account earns interest? The company is no longer dormant for Companies House or HMRC. You will need to file full (non-dormant) accounts and a Corporation Tax return. Do I still need to file a CS01 if the company has a bank account? Yes — the Confirmation Statement is required every year regardless of dormancy. Is it better to close the bank account? In most cases, yes. It removes all risk of accidental transactions. Can Filing Accounts handle this for me? Absolutely. We review your bank situation, confirm dormancy status, and file everything compliantly. Official GOV.UK resources: Dormant for Companies House Dormant for Corporation Tax Filing dormant company accounts Ready to Keep Your Dormant Company Fully Compliant? Don’t risk accidental transactions breaking your dormant status. Let Filing Accounts review your bank account situation and file your dormant accounts quickly and correctly in 2026. Contact us today or book a free consultation — we’ll handle everything for you at a fixed, affordable price.

Do Dormant Companies Need to File Accounts? (Official Answer) – (updated March 2026)   Yes — dormant companies must file annual accounts with Companies House every year, even if the company has never traded, has no income, no expenses, and zero activity. Updated March 2026: Dormant companies file simplified dormant accounts (a basic balance sheet only) within 9 months of their accounting reference date (or 21 months for first accounts). Failure to file triggers automatic late filing penalties starting at £150, rising to £1,500, and can ultimately lead to the company being struck off the register. At Filing Accounts, we specialise in dormant accounts filing for UK limited companies. We handle everything quickly, accurately, and in full compliance with the latest Companies House rules (including director ID verification). Contact us today for a fast, fixed-price quote and peace of mind. What Is a Dormant Company According to Companies House? Companies House defines a company as dormant if it has had no “significant” accounting transactions during the financial year. Significant transactions do NOT include: Filing fees or penalties paid to Companies House Money paid for shares on incorporation Late filing penalties This is different from HMRC’s definition of dormant for Corporation Tax purposes (which may allow you to skip the CT600 return). Important 2026 note: Even if your company is dormant for both Companies House and HMRC, you still have filing obligations with Companies House. Do Dormant Companies Need to File Accounts? (Official Answer) Yes. Official GOV.UK guidance is crystal clear: “All companies must file annual accounts with Companies House. This includes dormant companies.” You cannot avoid this requirement simply because the company is inactive. What Must Dormant Companies File in 2026? Filing Requirement What It Is Deadline (2026) Cost (Digital) Notes Dormant Company Accounts Simplified balance sheet only 9 months after ARD (21 months first year) Free Online template via WebFiling Confirmation Statement (CS01) Updates directors, shareholders, PSC Within 14 days of review period (annual) £50 Must include verified director ID Corporation Tax Return Usually not required if truly dormant N/A (notify HMRC of dormancy) N/A Confirm status with HMRC    Key change in 2026: From 1 April 2026, accounts and CT returns are filed separately (the old joint service has closed). Step-by-Step: How to File Dormant Accounts with Companies House in 2026 Confirm your company qualifies as dormant Review your records — no significant transactions in the year. Check director ID verification status All directors and PSCs must be verified (mandatory since November 2025). If not verified, your filing will be rejected. Prepare the dormant accounts Simple balance sheet (usually shows only share capital). No profit & loss account or detailed notes required. Directors’ statement confirming dormancy and exemption from audit. File online via Companies House WebFiling Log in with your authentication code. Select “Dormant company accounts”. Upload or complete the online template. Submit before the deadline. File your Confirmation Statement (CS01) at the same time or separately. Notify HMRC (if needed) Tell HMRC your company is dormant so they don’t expect a CT600. Pro tip: Filing dormant accounts is quick and free when done correctly online — but many directors still miss deadlines or make small errors that trigger penalties. Deadlines & Penalties for Dormant Accounts Filing How Late Penalty (Private Company) Up to 1 month £150 1–3 months £375 3–6 months £750 Over 6 months £1,500    Penalties double if you’re late two years in a row. Repeated failure can lead to compulsory strike-off. Official source: Companies House late filing penalties guidance Common Mistakes Directors Make with Dormant Companies Thinking “dormant = no filing” — this is the #1 error. Forgetting the Confirmation Statement (£50 fee). Missing ID verification (filings rejected). Not notifying HMRC of dormancy. Using paper forms instead of online (slower and error-prone). Why Use a Professional Service for Dormant Accounts Filing? While you can do it yourself, using an expert service like Filing Accounts gives you: Guaranteed on-time filing Full compliance with 2026 ID verification rules Peace of mind (no risk of penalties or strike-off) Fixed, affordable pricing We’ve helped hundreds of directors keep their dormant companies in good standing. What Our Clients Say on Trustpilot “Filing Accounts sorted my dormant company accounts in minutes. No stress, no penalties. Brilliant service!” – Anonymous, March 2026 (5 stars) “Super quick and professional. Handled everything including CS01 and ID verification. Highly recommend.” – David P., February 2026 (5 stars) “Saved me from late filing headaches. Excellent value for dormant accounts.” – Sarah M., January 2026 (5 stars) Our consistent 4.2/5 Trustpilot rating reflects the trust directors place in us. Frequently Asked Questions Do I need to file a full set of accounts if my company is dormant? No — just the simplified dormant accounts (balance sheet only). What if my dormant company has never traded? You can use the simple online WebFiling template — it’s the easiest option. Do I still need to file a Confirmation Statement? Yes — every year, regardless of dormancy. What happens if I don’t file? Automatic penalties + risk of company strike-off. Can Filing Accounts handle this for me? Absolutely. Get your free quote here. Official GOV.UK guidance: Dormant companies and accounts Preparing and filing accounts File dormant accounts online Ready to File Your Dormant Accounts Without Stress? Don’t risk penalties or strike-off. Let Filing Accounts take care of your dormant company filings in 2026 — quickly, compliantly, and affordably. Contact us today or book a free consultation and we’ll handle everything for you.

What Should I Do If I Receive an HMRC Tax Letter About Savings Interest in 2026?   If you’ve received an HMRC tax letter about savings interest, it usually means your bank or building society has reported interest payments that appear to exceed your Personal Savings Allowance (PSA) for the 2025/26 tax year. These are often called “nudge letters” and are not immediate demands for payment — they are reminders to check your records, calculate any tax due, and declare it correctly. Quick summary (updated March 2026): The Personal Savings Allowance remains frozen at £1,000 for basic-rate taxpayers, £500 for higher-rate taxpayers, and £0 for additional-rate taxpayers. With average easy-access and fixed-rate savings rates still between 4% and 5%, even modest savings pots of £10,000–£25,000 can now generate enough interest to push many people over their allowance. HMRC has sent hundreds of thousands of these letters in early 2026 based on automatic data from banks. You typically have until 31 January 2027 to include any untaxed interest in your Self Assessment return for the 2025/26 tax year (or let HMRC adjust your tax code if you’re on PAYE). Ignoring the letter can lead to interest charges (currently 7.75%) and penalties up to 100% of the tax due. At Filing Accounts we help hundreds of clients every year respond to these letters, file correct Self Assessment returns, and avoid unnecessary penalties. Contact us today for a free initial review of your situation. Why Is HMRC Sending These Letters in 2026? HMRC receives annual interest data directly from banks, building societies and other financial institutions under automatic reporting rules introduced years ago. Their data-matching system then compares the total interest reported against: Your Personal Savings Allowance Your income tax band (which determines the PSA amount) Any existing Self Assessment or PAYE records When the reported interest looks higher than your allowance — and no corresponding tax has been collected — HMRC sends a letter asking you to check and declare any tax owed. Common triggers in 2025/26 include: Savings interest rates remaining elevated (many easy-access accounts and fixed-rate bonds still paying 4–5%) Frozen tax thresholds (Personal Allowance, basic-rate band and PSA all frozen until at least 2028) Multiple savings accounts whose interest adds up Maturity of fixed-rate bonds paying several years’ interest in one tax year Changes in personal circumstances (e.g. moving into the higher-rate band due to a pay rise or bonus) These letters are part of HMRC’s “nudge” strategy — encouraging voluntary compliance before launching a formal enquiry. What Exactly Is the Personal Savings Allowance? The PSA lets most people earn a certain amount of savings interest tax-free each tax year (6 April to 5 April). Tax Band Personal Savings Allowance Tax rate on interest above the allowance Basic rate (£12,571–£50,270) £1,000 20% Higher rate (£50,271–£125,140) £500 40% Additional rate (over £125,140) £0 45%    Important notes (March 2026 update): The PSA applies only to non-ISA savings interest (e.g. easy-access accounts, fixed-rate bonds, notice accounts). Interest from ISAs, Premium Bonds prizes, and certain child savings accounts is completely tax-free and does not count towards the PSA. If your non-savings income is below the Personal Allowance (£12,570), you may also qualify for the Starting Rate for Savings (up to £5,000 of savings interest at 0% tax), giving a potential total tax-free interest of up to £18,570 for basic-rate taxpayers. How Much Savings Can Trigger a Letter? Even relatively modest savings can now generate interest above the PSA. Savings Balance Interest Rate Annual Interest PSA Exceeded? (Higher-rate taxpayer) Estimated Tax Due (40%) £10,000 4.5% £450 No (£500 allowance) £0 £12,500 4.5% £562 Yes (£62 excess) £25 £20,000 4.5% £900 Yes (£400 excess) £160 £25,000 5.0% £1,250 Yes (£750 excess) £300    For basic-rate taxpayers the threshold is higher, but many people are surprised to discover they’ve quietly become higher-rate taxpayers due to pay rises or frozen bands. Step-by-Step: What to Do When You Receive the Letter Confirm the letter is genuine Check the reference number and sender details against official HMRC guidance. Genuine letters never ask for bank details or immediate payment via unusual methods. Gather your interest information Log into online banking or request interest certificates from each provider. Check statements for the full 2025/26 tax year (6 April 2025 – 5 April 2026). Include interest from all non-ISA accounts. Calculate your total interest and tax position Add up all taxable interest. Subtract your PSA (£1,000, £500 or £0 depending on your tax band). Apply the correct tax rate to any excess. Decide how to declare the interest If you already file Self Assessment: Include the interest on your next return (deadline 31 January 2027 for 2025/26). If you don’t normally file Self Assessment: You may need to register by 5 October 2026 and file a return, or HMRC may simply adjust your PAYE tax code to collect the tax gradually. Pay any tax due Pay by 31 January 2027 to avoid late-payment interest (currently 7.75%). Keep records Retain bank statements and calculations for at least 6 years in case of future enquiry. If the calculation seems complicated or you’re unsure about your tax band, professional help can save time and prevent mistakes. Contact Filing Accounts — we’ll review your letter and savings interest figures for free and advise on the best next steps. What Our Clients Say on Trustpilot “Received an HMRC savings interest letter and had no idea where to start. Filing Accounts explained everything clearly and filed my return perfectly. 5 stars!” – Anonymous, February 18, 2026 (5 stars) “Quick, professional service. They sorted my nudge letter and saved me from unnecessary stress. Highly recommend.” – Mark T., March 1, 2026 (5 stars) “Great communication and very reasonable fees. My savings tax issue was resolved in days.” – Sarah L., January 29, 2026 (5 stars) With a consistent 4.2/5 rating, we’re trusted to handle these situations efficiently. How to Avoid Future HMRC Savings Interest Letters Move savings into a Cash ISA (up to £20,000 allowance per tax

Navigating the Latest Companies House Changes: A Guide to CS01 Filing, ID Verification, and PSC Requirements in 2026   As a UK business owner or director, staying compliant with Companies House regulations is essential for smooth operations. Recent reforms under the Economic Crime and Corporate Transparency Act 2023 have introduced significant updates, particularly around the Confirmation Statement (CS01 filing), identity (ID) verification, and Persons with Significant Control (PSC) verification. These changes, effective from 18 November 2025, aim to enhance transparency, combat fraud, and ensure accurate public records. Whether you’re handling micro entity accounts filing, dormant accounts filing, or seeking reliable company filing services, understanding these updates is crucial to avoid penalties and delays. At Filing Accounts, we offer expert business filing services to simplify compliance, from CS01 submissions to full accounts preparation. If you’re navigating these new rules, contact us today for tailored support. What is the CS01 Confirmation Statement? The CS01, or Confirmation Statement, is an annual filing that verifies your company’s details are up-to-date with Companies House. It includes information on directors, shareholders, Persons with Significant Control (PSCs), share capital, and SIC codes. Unlike annual accounts, it’s not financial but confirms no changes (or details changes) since the last statement. Key filing requirements: Deadline: Annually, within 14 days of the review period end (typically your incorporation anniversary or last CS01 made-up date). Fee: As of 1 February 2026, the digital filing fee increased to £50 (up from £13), while paper filings rose to £110 (from £40). These hikes reflect Companies House’s push toward digital submissions. Penalties for Late Filing: Start at £150 for up to 1 month late, escalating to £1,500 for over 6 months, with doubles for repeat offenses and potential prosecution. Failing to file on time can lead to your company being struck off the register. For businesses using company filing services, integrating CS01 with other obligations like micro entity accounts filing or dormant accounts filing ensures efficiency. Recent Companies House Changes: An Overview The 2023 Act has transformed Companies House from a passive register to an active gatekeeper. Key reforms rolled out in phases, with major impacts on CS01 filing starting late 2025: Increased Fees (February 2026): Beyond CS01, incorporation fees rose to £100 digitally (from £12), and other services like name changes increased to £50. Identity Verification Mandate (From 18 November 2025): All directors and PSCs must verify their ID, with a 12-month transition period ending November 2026. Enhanced PSC Rules: Stricter verification and reporting to prevent misuse of company structures. Future Changes (No Earlier Than November 2026): ID verification for all filers (presenters) and mandatory registration as Authorised Corporate Service Providers (ACSPs) for third-party agents. These updates emphasize digital compliance and accuracy, affecting everything from new incorporations to routine filings. ID Verification: What Directors Need to Know Identity verification is now a legal prerequisite for directors, aimed at confirming you’re who you say you are. This involves matching your details against government databases or using approved third-party providers. For New Directors (Appointed After 18 November 2025) Verify ID before appointment via Companies House’s online service. Provide a personal verification code (a unique identifier) during registration. Without verification, the appointment won’t be accepted. For Existing Directors Transition period: Verify by your company’s next CS01 filing date after 18 November 2025, up to November 2026. On the CS01, include your personal code for each director. If unverified, the CS01 will be rejected, halting other filings. Process: Log into Companies House with your WebFiling account. Submit photo ID (e.g., passport) and proof of address. Receive a personal code upon successful verification. Penalties: Acting as a director without verification can lead to fines or disqualification. For businesses relying on business filing services, professional help ensures timely compliance. PSC Verification: Stricter Rules for Persons with Significant Control PSCs are individuals or entities controlling more than 25% of shares/voting rights, or with significant influence. The new rules require separate verification, even if the PSC is also a director. For New PSCs (From 18 November 2025) Verify within 14 days of appointment or company incorporation. Use the “Provide identity verification details for a PSC” online service. Submit the VS01 form (Verification Statement) electronically, including your personal code. For Existing PSCs If also a director: Provide PSC code separately within 14 days after the company’s CS01 date (e.g., if CS01 is 31 March 2026, window is 1-14 April 2026). If not a director: 14-day window from the 1st to 14th of your birth month, or as notified by Companies House. Use the VS01 form for submission—failure to do so risks penalties. Key Differences from Directors: PSCs use a dedicated service/form (VS01/EF-VS01 for electronic). Even matched identities (director and PSC) require dual submissions. Relevant Legal Entities (RLEs) as PSCs will face similar rules later, but no timeline yet. Non-compliance: Fines up to £5,000 for persistent failures, plus potential civil penalties. Accurate PSC details are vital for transparency, especially in micro entity accounts filing where ownership structures matter. Verification Type Who It Applies To Deadline/Window Submission Method Consequences of Non-Compliance Director ID New: Before appointment Existing: By next CS01 Transition to Nov 2026 WebFiling with personal code on CS01 CS01 rejection; fines/disqualification PSC Verification New: 14 days post-appointment Existing (Director): 14 days post-CS01 Existing (Non-Director): Birth month 1-14 As notified (14-day window) VS01 form/online service Penalties up to £5,000; register inaccuracies    How These Changes Impact Micro Entity Accounts Filing and Dormant Accounts Filing For small businesses qualifying as micro-entities (turnover ≤ £1m, balance sheet ≤ £500k, ≤10 employees), the ID/PSC changes add layers to routine filings. Micro entity accounts filing now requires verified directors/PSCs before submission, potentially delaying approvals. Dormant companies (no significant transactions) must still file dormant accounts (AA02) and CS01 annually. Unverified IDs could block these, risking strike-off. Using company filing services streamlines this—Filing Accounts handles verification reminders alongside dormant accounts filing. Tip: Integrate CS01 with accounts filing cycles to minimize disruptions. Benefits of Using Professional Business Filing Services DIY filing is possible but risky with these complexities. Professional

Making Tax Digital (MTD) in the UK: Your Complete Guide for 2026 and Beyond | Expert MTD Support from Filing Accounts   Making Tax Digital (MTD) represents one of the most significant changes to the UK tax system in recent years. Introduced by HM Revenue and Customs (HMRC), MTD requires taxpayers to maintain digital records and submit tax information using HMRC-approved software, moving away from traditional paper-based or manual methods. This initiative aims to reduce errors, improve compliance, and make tax reporting more efficient and closer to real-time. As of March 2026, MTD for VAT is already fully established, and the next major phase—MTD for Income Tax Self Assessment (MTD ITSA)—is just weeks away, starting 6 April 2026. At Filing Accounts, we provide expert MTD support to help self-employed individuals, landlords, and businesses navigate these changes seamlessly. Whether you’re approaching the £50,000 threshold or planning ahead, our team ensures you’re compliant, prepared, and stress-free. Contact us today for personalized MTD guidance and to get started with your digital setup. Current Status of Making Tax Digital – Key Milestones in 2026 MTD has rolled out in phases, with the focus now shifting to income tax for sole traders and landlords. MTD for VAT: Mandatory since April 2019 (with full implementation by April 2022). All VAT-registered businesses must use MTD-compatible software for digital VAT records and returns. MTD for Income Tax Self Assessment (ITSA): Voluntary sign-up and testing available from earlier years. Mandatory from 6 April 2026 for self-employed individuals, landlords, and partnerships with total qualifying gross income (from self-employment and/or property) exceeding £50,000 in the 2024/25 tax year. HMRC estimates this affects around 864,000 taxpayers, and awareness letters have been sent to those in scope based on recent Self Assessment filings. No penalty points for late quarterly updates in the first mandatory year (a soft landing period). First quarterly update deadline for the 2026/27 tax year: 7 August 2026. Future Phases: 6 April 2027: Threshold lowers to £30,000 (based on 2025/26 income). 6 April 2028: Threshold further reduces to £20,000 (based on 2026/27 income), bringing even more taxpayers into scope. These thresholds are based on combined gross income before expenses from self-employment and property sources. HMRC has confirmed the commitment to these dates, with legislation in place for the rollout. If you’re unsure whether you qualify, check your latest Self Assessment return or use HMRC’s online tools. Early preparation is key—many are already receiving notifications from HMRC. Who Does Making Tax Digital Apply To? MTD impacts different groups variably: Self-Employed Sole Traders: If your gross self-employment income exceeds the relevant threshold, you must keep digital records and submit quarterly updates. Landlords: Rental income counts toward the threshold. Property income must be tracked digitally, with quarterly reporting required. Partnerships: Treated similarly to sole traders for MTD ITSA purposes. Limited Companies: Currently, MTD applies primarily to VAT (if registered). No mandatory MTD for Corporation Tax yet, but digital systems are recommended for future-proofing. Exemptions exist for those who cannot use digital tools due to age, disability, religious beliefs, or lack of reliable internet access—applications must be approved by HMRC. What Does MTD for Income Tax Involve? Under MTD ITSA, the traditional annual Self Assessment return evolves: Digital Record-Keeping: Maintain income and expense records in HMRC-recognised software throughout the year (including dates, amounts, and VAT where applicable). Spreadsheets alone no longer suffice unless bridged to compatible software. Quarterly Updates: Submit “light-touch” summaries of income and expenses to HMRC four times a year (deadlines typically 31 July, 31 October, 31 January, and 30 April, with the first for 2026/27 due 7 August 2026). Final Year-End Declaration: Replace the full Self Assessment with an end-of-year declaration (by 31 January following the tax year), adjusting for any final details. Payment: Tax remains due by 31 January (with payments on account as before). This shift promotes better financial oversight and reduces end-of-year surprises. Benefits of Getting MTD-Ready Early Adopting MTD isn’t just about compliance—it’s an opportunity: Real-time insights into cash flow and profitability. Fewer errors in tax calculations. Easier reconciliation with bank feeds and receipt scanning. Potential cost savings through efficient bookkeeping. Many software providers offer free or low-cost options, including mobile apps for receipt capture and bank integration. How Filing Accounts Can Help with Making Tax Digital Making Tax Digital can seem daunting, especially with quarterly submissions and software setup. Our expert team provides end-to-end MTD support tailored to your situation: Assess your eligibility and start date. Register you for MTD with HMRC. Recommend and set up HMRC-approved accounting software (we partner with leading providers for seamless integration). Handle digital bookkeeping, quarterly updates, and year-end declarations. Offer ongoing advice to maximize deductions and ensure full compliance. Support for voluntary early adoption if beneficial. We make the transition smooth, so you can focus on running your business or managing your properties. Get in touch via our contact page to book a free consultation and discuss your MTD requirements. We’re here to help you get ready before 6 April 2026. Trusted by Our Clients – What They Say on Trustpilot Our clients value our practical, no-nonsense approach to MTD and tax compliance: “Filing Accounts got us MTD-ready in no time. Clear guidance and excellent software setup!” – Anonymous, February 18, 2026 (5 stars) “Professional team helped with quarterly updates and eased the stress of the new rules.” – Raj, January 22, 2026 (5 stars) With a strong 4.2/5 rating on Trustpilot, we’re proud to support businesses through these changes. Frequently Asked Questions About Making Tax Digital What software do I need for MTD? HMRC maintains a list of recognised software. Options range from free tools to advanced platforms with bank feeds and receipt scanning. Will I still file a Self Assessment tax return? Yes, but it changes to a final declaration submitted via your MTD software. What if I miss a quarterly update? In the first year (from April 2026), no penalty points apply for late submissions. Later, a points-based system similar to driving licences kicks in, with

Can I Prepare and File My Own Limited Company Accounts with UK Companies House? A Comprehensive Guide for 2026   Running a limited company in the UK comes with essential responsibilities, including preparing and submitting annual accounts to ensure compliance with legal requirements. One common question among directors is: “Can I handle my own limited company accounts filing?” The short answer is yes, but it’s not always straightforward. With the right knowledge of UK Companies House rules, deadlines, and potential pitfalls, you can manage it yourself—saving on professional fees while maintaining control over your finances. However, errors in accounts filing can lead to hefty penalties, rejected submissions, or even legal issues. This in-depth guide explores everything you need to know about preparing limited company accounts, including options for dormant accounts filing, CS01 confirmation statement filing, and when it might be wiser to seek expert help. At Filing Accounts, we specialize in seamless accounts filing services for UK businesses. If you’re unsure about tackling this alone, book a free consultation today to discuss your needs. Understanding Annual Accounts for Limited Companies Annual accounts, often referred to as statutory accounts or financial statements, provide a snapshot of your company’s financial health over a 12-month period. They include details on income, expenses, assets, liabilities, and overall performance. For UK limited companies, these are mandatory regardless of activity level—even dormant companies must comply with dormant accounts filing requirements. Preparing these accounts involves compiling accurate records that adhere to UK GAAP (Generally Accepted Accounting Practice) or IFRS standards. They form the basis for your Corporation Tax calculations and must be filed with both UK Companies House and HM Revenue and Customs (HMRC). Missing deadlines can disrupt your business operations and incur fines. Key components typically include: A balance sheet showing what the company owns and owes. A profit and loss account detailing revenues and costs. Notes explaining figures and accounting policies. A director’s report outlining principal activities and responsibilities. For small or micro-entities, simplified versions like abridged or micro-entity accounts reduce the burden, making DIY filing more feasible. Do I Really Need an Accountant for Limited Company Accounts Filing? Legally, no—there’s no requirement to hire an accountant for preparing or filing limited company accounts. As a director, you’re personally responsible for ensuring accuracy and timeliness, and you can submit everything yourself via UK Companies House’s online portal or HMRC’s systems. That said, the process demands a solid grasp of tax laws, accounting principles, and regulatory updates. For instance, if your company qualifies as a micro-entity (turnover not exceeding £1 million, balance sheet total ≤ £500,000, and average employees ≤ 10), you can file simplified micro-entity accounts, which are easier to prepare. Small companies (turnover ≤ £15 million, balance sheet ≤ £7.5 million, employees ≤ 50) can opt for abridged accounts, omitting detailed profit and loss statements for public filing. However, complexities arise with growing businesses, VAT returns, or international transactions. Many directors find that outsourcing to professionals saves time and minimizes risks. At Filing Accounts, our team handles everything from initial preparation to final submission, ensuring your accounts filing is compliant and optimized. Explore our accounts filing services to see how we can streamline the process for you. What Our Clients Say on Trustpilot Don’t just take our word for it—here’s feedback from satisfied customers: “Filing Accounts made my limited company accounts filing effortless. Professional and quick!” – Anonymous, February 20, 2026 (5 stars) “Excellent service for UK Companies House submissions. Saved me hours of hassle.” – Sarah, January 15, 2026 (5 stars) With a 4.2/5 Trustpilot rating based on numerous reviews, we’re committed to delivering top-notch support. Where and How to Submit Your Limited Company Accounts Your annual accounts must be filed with multiple entities: UK Companies House: Public record for transparency. HMRC: As part of your Company Tax Return (CT600) for Corporation Tax assessment. Shareholders and members: Full accounts for internal review. Filing is done online. For UK Companies House, use their WebFiling service with your authentication code. HMRC requires submission via their portal or compatible software. Deadlines for Accounts Filing First Accounts: Due 21 months after incorporation for Companies House; 12 months for HMRC. Subsequent Accounts: 9 months after your Accounting Reference Date (ARD, usually the last day of the incorporation month) for Companies House; 12 months for HMRC. Missing these can trigger automatic penalties. Always double-check your ARD to avoid surprises. Full Statutory Accounts vs. Abridged or Micro-Entity Options Not all companies need to file exhaustive details publicly. Depending on size: Company Type Qualification Criteria (at least 2 must apply) Filing Options Key Benefits Micro-Entity Turnover ≤ £1,000,000 Balance Sheet ≤ £500,000 Employees ≤ 10 Micro-Entity Accounts (simplified balance sheet only) Less disclosure; no profit/loss required publicly Small Company Turnover ≤ £15,000,000 Balance Sheet ≤ £7,500,000 Employees ≤ 50 Abridged Accounts (reduced notes, no full P&L) Privacy on sensitive financials; audit exemption Medium/Large Exceeds small thresholds Full Statutory Accounts (detailed P&L, balance sheet, reports) Required for transparency; may need audit    For abridged filings, all shareholders must agree. This flexibility makes DIY accounts filing more accessible for smaller operations. If your business is expanding, professional review ensures you qualify correctly. Filing Accounts offers expert guidance on choosing the right format—contact us now for personalized advice. Special Considerations for Dormant Company Accounts Filing A dormant company—one with no significant accounting transactions (e.g., no sales, purchases beyond basic fees)—still faces filing obligations. You must submit dormant accounts to UK Companies House annually, typically using form AA02 for simplified balance sheets showing share capital only. Dormant status doesn’t exempt you from Corporation Tax returns if HMRC deems it necessary. Common for “shelf” companies or those in hiatus. Penalties apply for late dormant accounts filing, so treat it seriously. Tip: If reactivating, notify HMRC within 3 months to update status. Essential Financial Records to Maintain for Compliance To prepare accurate accounts, keep comprehensive records for at least 6 years (or 7 for some HMRC purposes). These include: Bank statements and receipts. Invoices for sales