Confused by HMRC rules
Not sure which filing actually applies to a company your size, or what “micro-entity” qualifies you for.
Who we help
Small UK limited company with turnover under £1M? You likely qualify for simplified micro-entity accounts — less paperwork, lower cost, filed properly.
ICAEW Chartered Accountants · Practice established in the 1970s · See our firm details
Reviewed by Krishna Prasad Dahal FCCA, ACA (ICAEW), FCA (ICAI India)
Not sure which filing actually applies to a company your size, or what “micro-entity” qualifies you for.
Companies House penalties apply automatically, with no grace period.
Need a straightforward annual filing, not an ongoing subscription.
Turnover or headcount creeping up, and unsure when the rules change.
Common questions
For financial years starting on or after 6 April 2025, generally yes if it meets at least two of: turnover of £1 million or less, a balance sheet total of £500,000 or less, and no more than 10 employees on average. For earlier years the limits were £632,000 turnover and £316,000 balance sheet. Some companies are excluded whatever their size.
Micro-entity accounts (FRS 105) require less disclosure and are simpler to prepare — full statutory accounts (FRS 102) are needed once you outgrow these thresholds.
Yes, your CT600 is filed alongside your accounts, we handle both together.
Get in touch — we'll tell you honestly which accounts you now need and quote for them.
Ready to get your micro-entity accounts filed?
See our fixed-fee Micro-Entity Accounts Filing service
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