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A company Year-End is the date your company’s accounting period ends.
It’s also the date the clock starts ticking for a limited company to send certain documents to HMRC and Companies House.
How does it work?
What happens if I miss the deadlines?
To encourage limited companies to file everything on time, HMRC and Companies House have penalty regimes for those who miss deadlines.
These penalties increase with time, so, if you miss deadlines on more than one occasion, you can expect it to cost you dearly, as shown below.
Late filing penalties issued by HMRC 31/03/2020
If your tax return is late three times in a row,the £100 penalties are increased to £500 each.