How to File Dormant Accounts?
What Happens if You Don’t File Dormant Accounts?
A company qualifies as dormant when it records no significant accounting transactions during its financial year. Xact+ Accountants confirms your dormant status before filing any accounts. Companies House classes a company as dormant when it has had no significant financial activity. Paying a Companies House filing fee does not count as a significant transaction so most newly formed, non-trading companies qualify immediately.
HMRC applies a separate dormant definition. Your company qualifies as dormant with HMRC when it has no income, has never traded, and has no Corporation Tax obligations. Xact+ Accountants advises on notifying HMRC of your dormant status to remove unnecessary tax filing requirements.Companies that traded during the year, received income, or hold assets beyond initial share capital do not qualify for dormant accounts filing.
Outsource Your Accounting Needs to Best
Accountants In The UK
Why Choose Xact+ Accountants for Dormant Account Filing
What Our Clients Say
Frequently Asked Questions
File Your Dormant Accounts Correctly
Contact Xact+ Accountants to file dormant accounts accurately and on time.
Your information is secure and will only be used in accordance with our Privacy Policy.
Our Corporate Services





