Late annual accounts: the penalties and how to limit them
Unlike the confirmation statement, late annual accounts carry an automatic Companies House penalty — and it grows the longer you wait. There may also be separate penalties from HMRC for a late Company Tax Return.
What usually happens
For a private company, the late-filing penalty is £150 (up to 1 month late), £375 (1–3 months), £750 (3–6 months) and £1,500 (more than 6 months). If you file late two years in a row, the penalty is doubled. HMRC also charges its own penalties for a late tax return, starting at £100.
What to check first
- 1
Check your accounts due date and how many months overdue you are — the band sets the penalty.
- 2
Prepare and file the outstanding accounts as quickly as possible to stop the penalty rising.
- 3
Check separately whether your HMRC Company Tax Return is also overdue.
- 4
Only appeal a penalty if you have a genuine exceptional reason — appeals are rarely granted.
Official sources
When to speak to a professional
If your accounts aren't prepared yet, if both Companies House and HMRC are overdue, or you're facing a doubled penalty. We prepare and file accounts and the tax return together.
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Disclaimer
General educational guidance only — not legal, tax, accounting, immigration, investment or financial advice. We don't guarantee the information is complete, current or suitable for your situation. Always check official sources (GOV.UK, Companies House, HMRC, the relevant professional body) and speak to a qualified professional before acting. Last reviewed: June 2026.