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Old 29th Apr 2009, 20:07
  #1056 (permalink)  
Skypartners
 
Join Date: Aug 2003
Location: Coventry
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Late accounts

By the way don't get too excited by late filing - it is incredibly common. One bizarre quirk of recent times is that, whilst the Government has been bending over backwards to give businesses a helping hand through recession with deferred tax and VAT breaks, it forgot that, from 1st Feb 09, the new Companies Act came into force with huge new penalties for late filing of accounts and a reduced period in which to do so. The new fines are designed to reduce the incidence of late filing which is, as I said before, commonplace, but I suspect many businesses are now late because they can't afford to pay the accountants!

So, anyway, nothing particularly rare of sinister about WMIAL being late.
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