Reporting & Filing

Overview

Specific reporting requirements vary based on the type and size of your company, as well as the nature of its business activities.

It is advisable to seek professional advice to ensure compliance with the relevant reporting requirements.

There are several types of business reporting that companies are required to do, including:

Company Accounts: All limited companies in the UK must file annual financial statements with Companies House, which includes balance sheets, profit and loss accounts, and other notes.
Corporation Tax Returns: If a company is based in the UK and makes a profit, it must pay corporation tax. Companies must also file a corporation tax return with HM Revenue & Customs.
VAT Returns: If a company's taxable turnover is above the VAT registration threshold, it must register for VAT and file periodic VAT returns with HM Revenue & Customs.
Payroll and Employer Reporting: Companies must report information about their employees and the payments they make, including salaries and wages, to HM Revenue & Customs through Real Time Information (RTI) submissions.
Annual Return: All companies must file an annual return with Companies House, which confirms details about the company's directors, registered office, and shareholders.
Confirmation Statement: This is a new type of annual return that replaced the annual return in 2016. Companies must file a confirmation statement with Companies House at least once every 12 months, which confirms that the company's details on the register are up to date.
Regulatory Reporting: Your business may need to complete returns to the Financial Conduct Authority if it offers or sells any financial related products. These reports may include complaint returns and market abuse returns.