The information is provided as a guide only and is not professional advice including legal advice. Although we try our best to ensure the accuracy of the information on this website, you rely on it at your own risk. You should obtain specific professional advice before taking action.
Timeline to file iXBRL account with CT600
By when should you submit financial statements in IXBRL format along with CT600 and what is the penalty for delay
Every business entity that is required to file their company tax returns must prepare, at the end of its financial year:
full statutory annual accounts
a Company Tax Return
Please bear in mind that you still need to file your company tax returns even if your company has made a loss, or if you have no Corporation Tax to pay.
You have different deadlines for sending your accounts to Companies House and your tax return to HMRC, but you may be able send them at the same time. If your company is small, a micro entity or dormant, you might be able to send simpler (‘abridged’) accounts.
You need your accounts and tax return to meet deadlines for filing with Companies House and HM Revenue and Customs (HMRC).
The table below sets out the deadline for different filings :
Action
Deadline
File first accounts with Companies House
21 months after the date you registered with Companies House
File annual accounts with Companies House
9 months after your company’s financial year ends
Pay Corporation Tax or tell HMRC that your limited company does not owe any
9 months and 1 day after your ‘accounting period’ for Corporation Tax ends
File a Company Tax Return
12 months after your accounting period for Corporation Tax ends
Your accounting period for Corporation Tax is the time covered by your Company Tax Return. It is normally the same 12 months as the company financial year covered by your annual accounts.
Filing your accounts and tax return
You can file with Companies House and HMRC together or separately. Additional steps are required
at the end of your company’s first year
if you restart a dormant company
What is the penalty for late filing of company tax return
The table below sets out the penalty applicable for late filing of corporation tax :
Late By
Applicable Penalty
One day
£100
three months
additional £100
six months
HMRC will calculate the corporation tax due and will add a penalty of 10 percent of the unpaid corporation tax
Do you need help? Leave us a message.We will get back to you within 60 minutes.
Spontaneous Feedback about our iXBRL services
What Our Customers Say
Sensible Price...
I was very impressed with your service and sensible price based upon the actual size of the Company and relevant accounts.
Director
SW Development Company
Great Customer Service...
I really appreciate it! You most certainly have shown me a great customer service.
Director
Garments Retail Company
Will recommend...
Thank you and the fintag team for your help. As always the service is professional and very much appreciated. I will recommend you if ever I am asked for tagging services.
Chief Accountant
US/UK based Accounting Services Firm
Prompt turnaround...
Thank you for submitting this - and for such a prompt turnaround..
Director
Real Estate Company
Will bear in mind for future...
Please thank your team for all of your help with the filing. I’ll bear you guys in mind for the future.
Director
A firm of Chartered Accountants
Very pleased...both in speed and quality
I used your service for a few of our entities now and have been very pleased with your work both in terms of speed and quality.