My Ltd company made no income for last year : Can I file the return by myself?

SarahPink

Hi all,

My limited company made no income for last year (2011-2012) and also I would like to know if I could file the return (which is due on 30th November 2013) by myself. Can I equally file the company accounts by myself?

Thanks in advance for your help,

Sarah

PS : I did not have an accountant for 2011-2012 since I left my previous one due expensive cost but not have enough income for a new one.

paddyrg

You can always do the return yourself, but it's not like a poetical tax return, it is quite complex with specific meanings and values required. I do my own companies house returns online, but the tax ones I leave for the specialists.

SarahPink

paddyrg wrote: »

You can always do the return yourself, but it's not like a poetical tax return, it is quite complex with specific meanings and values required. I do my own companies house returns online, but the tax ones I leave for the specialists.

I knew that I will have at least one answer like this. For the previous years I was obviously using an accountant but for the last that I have to do presently I do not have the money for that : also can I submit them by myself and later (in months) amend them using an accountant or can I at least ask to postpone the deadline for few months?

By the "tax ones" do you mean the company accounts (on companies house it is displayed that I have to submit the return by 30 November 2013 and the accounts by 30 December 2013).

On which site can I submit the company return?

paddyrg

SarahPink wrote: »

I knew that I will have at least one answer like this....

Charming. I suggest a search engine.

MonsieurFrugal

Just login to the website and it will explain exactly what you need to do and how

im-lost

The simple answer is, you can file whatever you want by yourself, you dunt need an accountant to do it, you dint need to be audited or anything, in all likelihood you'll just need to submit abriviated accounts which is literally one page with a couple of figures on.

The longer answer would depend on what you mean by your company made no money,have you traded, have you made a loss, do you owe money to the tax man, etc etc but in either case you cab submit by yourself, but in some cases it's good to have an accountant do it, but it all depends on your circumstances.

imoneyop

SarahPink wrote: »

I knew that I will have at least one answer like this.

What, an answer that fully answered the question that you asked?

Prothet_of_Doom

Can you not declare the company as Dormant?

Pennywise

Prothet_of_Doom wrote: »

Can you not declare the company as Dormant?

Yes, if it had no transactions - that's what dormant means. The OP said it made no money, which is completely different. If there were transactions, then a tax return and accounts are needed.

The OP can file these themselves - as said by someone else - no legal requirement to have them done by an accountant, auditor, or whoever.

The question is really whether the OP understand enough to get the right figures in the right boxes.

paddyrg

Pennywise wrote:

The question is really whether the OP understand enough to get the right figures in the right boxes.

OP asks where they can file their companies house return, I wouldn't be overconfident.

SarahPink

paddyrg wrote: »

OP asks where they can file their companies house return, I wouldn't be overconfident.

I believe I know where but I just wanted to be sure. Maybe I should call companies house for this confirmation.