There have been a number of important recent changes to the Companies House Act that will affect chiropractors trading as a limited company.

Change to the filing deadline (dates)

The filing deadline has been changed from 10 months after the year end to 9 months. Broadly speaking, this change will affect anyone with year ends on or after 30th April 2009. For more information please review the Inland Revenue link here

Change to the filing deadline penalties (costs)

2) The late filing penalties are being increased from 1 February 2009.

New penalties are as follows:

Private Limited Company
Not more than 1 month - £150
More than 1 month but less than 3 months - £375
More than 3 months but less than 6 months - £750
Over 6 months - £1500

Please note penalties for PLC's are higher

This will hopefully encourage clients to get their records in within plenty of time for their accountants to prepare and file their accounts on time.

For more information on either of these changes please contact us on 01872 242800 or support@finance4chiropractors.com