Companies House have listed the best excuses for companies not filing their company accounts on time. Below is the list of their top excuses for filing accounts late:
1. Goats ate my accounts
2. I found my wife in the bath with my accountant
3. Pirates stole my accounts
4. We delivered the accounts to the betting office next door to Companies House
5. A volcano erupted and prevented me from filing
6. Slugs ate my accounts
7. It was Valentine’s Day
8. My company was more successful than I thought that it would be, so I was too busy to file
‘Although some of the excuses are very funny, Companies House has issued the list to make companies aware of their obligations and encourage companies to file their accounts on time. Companies House acknowledge that there will sometimes be exceptional circumstances that cause a company to file accounts late but remember you can request an extension to the filing deadline as long as Companies House receive this request before the deadline date. Companies House also announced that this year the penalties for filing your accounts late are going to double if you file late two years in a row.’
‘We always recommend our clients plan early and file their accounts before the deadline date. Limited company accounts have a deadline of 9 months after the year end unless it is the companies first year then this falls on 9 months after the date of incorporation. Visionary Accountants work with you to complete your accounts and provide valuable tax advice. We offer a free initial consultation to discuss your requirements. To find out more please call 01727 730550 and speak to one of our accountancy team.
For more information read: Are you ready for the 31st October deadline for filing your paper tax return?