Companies House Updates Appeals Manual For Late Filing Penalties

On 2 July 2019, Companies House released an updated late filing penalties manual (version 10) which will come into force on 1 October 2019.

Companies House uses the manual as guidance when assessing penalty appeals that businesses have submitted.

Companies House Updates Late Filing Penalties

What’s changed?

According to the Companies House press release, there have been two main changes to the late filing penalties manual.

Updated policy when accounts are rejected but not received back by the company or the presenter (Part 17 Scenario 1). This policy has been updated such that Companies House “will no longer exercise discretion where [it has] rejected accounts within enough time, but the company or presenter has not received them.”

Fundamentally, it is a company’s responsibility to check that Companies House has accepted its accounts. What’s more, a company should ensure that its reports are prepared and delivered in an acceptable format, whether paper or electronic.

Extended processing times for paper documents (Part 17, Scenarios 4, 5 and 6). The processing time has been increased from five to eight days to reflect Companies House’s “internal processing target for paper documents more accurately.”

The result of this change is that, should Companies House take longer than eight working days to examine and reject paper accounts, it may exercise discretion and not collect any resulting penalty.

If you wish to read the updated manual in full, then you can do so here.

What’s the reason behind the changes in the Companies House Updates?

Companies House undertakes regular reviews of its practices. Changes to the late filing penalties manual were introduced to ensure that its content “was up to date and used clear and consistent language throughout.”

A push toward electronic filing

Alongside the announcement of updates to the late filing penalties manual, Companies House has taken the opportunity to remind businesses to use its online filing service wherever possible. Some benefits of online filing are lower rejection rates when filing electronically compared to filing paper accounts, as well as the fact that it’s quicker to file electronically.

DataTracks offers over a decade of expertise in iXBRL tagging services, preparing accounts in XBRL and iXBRL formats for regulatory filings worldwide. If your business is seeking assistance in readying your company’s reports for electronic submission, the DataTracks team is equipped to facilitate the process. For tailored support in iXBRL tagging and report preparation, reach out to a DataTracks specialist. Call us at 020 3608 8035 or send an email to to learn how we can aid in streamlining your electronic filing needs.