Construction Industry Scheme returns for the period from 6 September to 5 October 2016 should be submitted online by 19 October. This includes NIL returns.
It is too easy to forget the need to submit a NIL return when no payments to subcontractors have been made. If you engage a firm of accountants to do your CIS returns, then this will be taken care of. In our case we keep a diary and do a batch of work at about the same time each month.
Let’s just register a protest against mindless data collection. The new statement of Persons with Significant Control which is required by Companies House is a prime example of this. Let me tell you that if you cannot remember your name and address, how long you lived at that address, your previous address, your Unique Taxpayer Reference or your National Insurance number or passport number, then nevertheless you are still obliged to pay taxes. It’s time to call a halt to certain modern stupidities where there is an ever-lengthening list of information you need to provide.
If your company had a deadline of 30 September 2016 for the submission of its accounts to Companies House, and this deadline has been missed, then you still have something to play for, and you should contact a company specialist accountant such as David Porthouse and Co at once. You will incur a penalty of £150, but this penalty rises to £375 after 31 October. These penalties are £300 and £750 if you miss the deadline two years’ running. We can readily prepare and submit your accounts within the month if you contact us now.