The very words 'statutory filing' can stress lots of people however, Jude Rose Accountancy can help reduce the stress and time associated with these reports. Whether you are a director of a limited company or are a sole trader, here is a little more information for you.
As a director or secretary of a limited company, you will have a legal requirement to file reports with Companies House. This includes annual returns (details of shareholders, address etc) and accounting records. Did you know these records have to be submitted even if the company is dormant? Companies House also have the power to impose fines for late filing and can also take steps to remove the company registration. We can help monitor your requirements and can also file on your behalf.
The legal requirements for sole traders are different to that of limited companies however, there is still the need to inform HMRC and complete a self assessment each year. This requirement applies even if you are just starting out or you consider the business to be a hobby. HMRC might not consider your hobby to be exempt from the rules and regulations!
There are dates by which all reporting must be completed and fines can be issued for failure to comply. We are here to help reduce the stress and burden of statutory paperwork and we would be pleased to work with you. Get in touch!