TaxCorporate TaxHazlewoods promises to file by today

Hazlewoods promises to file by today

Top 50 firm Hazlewoods has written a letter to Companies House promising that it will file its accounts by the end of the month

The firm, which incorporated as an LLP in February 2005, has yet to file
accounts since it made the switch from a partnership.

The filing, for which the firm has offered no reason for the delay, will
appear on Companies House’s records several days after it is made.

Hazlewoods was
meant to file its accounts by 31 December 2006, but the firm has yet to do so.
It was ranked 38 in last year’s Accountancy Age Top 50 survey.

A spokeswoman for the Cheltenham-based firm told Accountancy Age
there was ‘no problem whatsoever’ with the company’s accounts, and the filing
would be made by the end of May.

Private companies that file between three months and one day to six months
late are automatically fined £250.

Private companies filing their first set of accounts must do so within 22
months of incorporation and 19 months for public companies.

Late filing penalties are imposed on the company under civil law. Failure to
pay a late filing penalty can result in a County Court judgment against the
company.

Failure to file accounts is a criminal offence which can result in directors
being fined personally in the criminal courts. In addition to the directors
being fined, the registrar may take steps to strike the company off the public
record.

A Companies House spokesman said the body could not discuss individual cases.

Related Articles

Corporation tax losses – your newly flexible friends

Corporate Tax Corporation tax losses – your newly flexible friends

2w Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

1m Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

1m Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

4m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

4m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

5m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

5m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

5m Clear Books | Sponsored