1. Osome Blog UK
  2. Filing Annual Returns in the UK: A Quick Guide

Filing Annual Returns in the UK: A Quick Guide

Author Melissa YeoMelissa Yeo

2 min read
Better Business

Whenever you register your company in the UK, you are required to submit your company's Annual Return to Companies House annually.

Filing Annual Returns in the UK: A Quick Guide

When you form a company in the UK, you are obligated to file an Annual Return (AR) with the Companies House every year.

Here’s what you need to know about submitting an Annual Return.

What is an Annual Return?

The Annual Return is one that provides an overview of your company’s general information, such as details of your directors and company secretary if you have one appointed, your registered office, contact details, the nature of your business, share capital and shareholdings.

What Should I Include in the Annual Return?

You will have to include the following information in your annual report:

  1. Company’s contact details inclusive of the registered address and the ‘single alternative inspection location’ (SAIL) address, where records are stored if they are not at the registered company address
  2. Information about your company directors and company secretary (if you have one appointed) inclusive of their name, date of birth and nationality
  3. Your company’s key business activities, which should be chosen from a list of standard industrial classification (SIC) codes to describe what your company does
  4. The type of company you own (eg private or public), details about the company-issued shares and in some situations information of your shareholders

How to Submit an Annual Return Online?

The easiest and most convenient option to file your annual return is to submit it online through the Companies House WebFiling service, which costs £13 and can be paid via credit card or PayPal.

Note that you will have to register with Companies House WebFiling service before you can start using the service. Factor in lots of time for delivery, as Companies House will mail an authentication code to your registered company address to complete the registration process.

If you prefer the traditional way of mailing through postal service, you can also do so. Simply download the annual return form (AR01), enclose it with a cheque and mail it to Companies House. This method costs £40, and remember to provide your company number at the back of the cheque if you issue one.

When is the Annual Return Filing Date?

When your annual return is due, you will receive an email alert or reminder letter to your registered company address from Companies House. Typically, the due date for your annual return is a year after the date of your company incorporation, or a year from the date of your last filed annual return. Your annual return must be filed no later than 28 days after the deadline.

Elizabeth has successfully incorporated her events management company Loud Entertainment in the United Kingdom on 20 March 2020. As such, she has to file her annual return no later than 20 March 2021 to stay compliant.

What are the Penalties for Late submission or Non-filing of Annual Return?

You may get a fine of up to £5,000 and/or prosecution proceedings against your company and its directors. In worst-case scenarios, your company could even be struck off.

Grow your Business and Leave the Rest to Us

Free yourself from the admin work and let us handle your company's accounting, taxes and reports. We take over paperwork, cross-check data, and submit your annual reports neatly. You will also have advice from experienced Chartered Accountants to help pay tax smartly and respond in a swift manner.

Subscribe

Tips to run your business smarter. Delivered to you monthly.

By clicking, you agree to our Terms & Conditions , Privacy and Data Protection Policy

Related Articles

  • Entrepreneur Spencer Matthews On Tips For Launching Your Business
    Better Business

    Entrepreneur Spencer Matthews On Tips For Launching Your Business

    For those bored with the 9-5 or ready to scale up their side hustle, TV’s Spencer Matthews shares his top insights and practical advice on levelling up and earning extra income.

    ·4 min read
  • The 10 Best Ecommerce Trends in the UK To Grow Your Business
    Better Business

    The 10 Best Ecommerce Trends in the UK To Grow Your Business

    E-commerce now accounts for more than one quarter of all retail sales in the UK. This number is expected to steadily increase in the years ahead, and would reach nearly one-third of all retail sales by 2024.

    ·11 min read
  • What To Do After You’ve Incorporated Your Business in the UK
    Better Business

    What To Do After You’ve Incorporated Your Business in the UK

    Consider this your step-by-step action plan for the first 12 months of navigating and managing a new business. We also include valuable links to resources that help you dive deeper into each topic.

    ·4 min read
  • What Are the Best Accounting Options for My UK Business?
    Money Talk

    What Are the Best Accounting Options for My UK Business?

    Finding the right accounting solution is crucial for every business. Accurate accounting ensures filing of accounts to Companies House, as well as your company tax return to HM Revenue and Customs (HMRC), is significantly easier. There are many ways to do your company accounts, how do you choose?

    ·3 min read
  • First Business Challenges: What 2000 Entrepreneurs Had To Say
    Better Business

    First Business Challenges: What 2000 Entrepreneurs Had To Say

    We spoke to thousands of budding entrepreneurs about the challenges they faced launching a new business. In this article, we share the results alongside expert advice on how you can overcome these issues.

    ·7 min read

Tips to run your business smarter. Delivered to you monthly.

We’re using cookies! What does it mean?