When Must a Confirmation Statement Be Filed

The confirmation statement is a separate document from a company`s accounts and a company`s corporate income tax return. The confirmation return replaced the annual tax return requirement on June 30, 2016. Confirmation statements serve exactly the same purpose as the annual declaration, but they are much easier to complete because you have to physically enter all the information recorded about your company into the form – you simply confirm that the data stored in Companies House is correct. Let`s take a closer look at the confirmation statement so that you have a full understanding of what needs to be done. The confirmation statement is a document that limited liability companies and LLPs must file with Companies House each year. For corporations, the audit statement provides details about their directors and shareholders, while an LLP`s audit statement lists its members. For limited liability companies and LLPs, the confirmation statement will also include the address of the registered office. Companies House will not issue an automatic fine if you submit a confirmation statement late. You just get a reminder. However, failure to meet the filing deadline can affect your company`s creditworthiness and «good reputation». Business leaders must ensure that they submit a confirmation statement at least once per 12-month review period.

If your company`s data is exactly the same as when you last submitted your confirmation statement, you will still need to submit a confirmation statement to verify and confirm that the company data in the public folders is accurate. Subscribe to event reminders at Companies House and get notified whenever your confirmation date is near. Ann`s company is awaiting a complex capital restructuring. These changes have to be submitted via other forms, so it`s a good idea to submit the confirmation statement and then proceed with a reorganization, otherwise John only has 14 days to submit all forms at the end of the 12-month review period, and it can get tight. When restoring a business, you must provide the billing date that was due before it was cancelled. If you are unsure of the exact date, please contact us before submitting your return. You can report certain changes to your company`s data via the confirmation statement, just like the annual report. Information you can update includes: Your payment period is separate from your trial period. It tells you when your annual membership fee is due. The company data that you can update on the confirmation statement are SIC codes and share and shareholder information.

If you need to make changes to the directors, secretaries, PSC or registered office, you must do so separately before submitting your confirmation statement. Dormant companies must also prepare and submit confirmations. Even if the company is not active, some details of the company may change and you will need to submit them to Companies House. Like the annual declaration, the confirmation declaration must be submitted by the company at least once a year. However, unlike the annual statement, the company can file a confirmation statement more than once in a 12-month period. If you file your return on September 30, 2018, you will have to pay the tax. If you submit another return on December 1, 2018, you will not have to pay again. Before submitting your confirmation statement, you should check your business details. You must update your records if the information is inaccurate or out of date. Before submitting the confirmation statement, you should check your current registered information with Companies House. We recommend using the Companies House service. The confirmation statement is simpler than the annual statement, as there is no need to enter previously submitted information if there has been no change in the last 12 months.

Even if there are no changes to report, it is still necessary to submit a confirmation statement. Directors of companies are required by law to file confirmations in accordance with section 853A of the Companies Act 2006. Failure to do so can result in personal liability, fines, prosecution, and even removal of the company from the registry. Don`t forget to submit the confirmation statement, even if there has been no change in your business since the last confirmation statement. Companies House must ensure that the records it maintains are accurate and up-to-date. Failure to submit confirmation statements is a criminal offence and directors can be personally fined in criminal courts. All criminal proceedings for non-filing of confirmation statements are separate and in addition to the late penalties imposed by Companies House on the limited liability company. The confirmation date or confirmation statement date is the date on which you must complete the declaration and confirm that all information stored in Companies House is accurate and up-to-date. It falls either on the date of creation of your company or on the date of confirmation of the previous declaration. The registration deadline is 14 days after the confirmation date.

Now, the tricky part: the payment period is different from the review period, although it also lasts 12 months. This means that you pay the registration fee once a year, regardless of how many times you have submitted your confirmation statement. So if you decide to submit your next confirmation statement early, you won`t have to pay the fee again until the 12 months have passed. The first confirmation statement that the company must submit accompanied by an additional form that must contain information about the people with significant control over the company (see our customer guide on this here).