{"id":2866,"date":"2026-08-24T02:05:27","date_gmt":"2026-08-24T02:05:27","guid":{"rendered":"https:\/\/taxinvestigation.co\/new\/?p=2866"},"modified":"2026-08-24T02:05:29","modified_gmt":"2026-08-24T02:05:29","slug":"it-pays-to-be-on-time-by-nick-scott-and-christopher-colthart","status":"publish","type":"post","link":"https:\/\/taxinvestigation.co\/new\/it-pays-to-be-on-time-by-nick-scott-and-christopher-colthart\/","title":{"rendered":"It Pays to be on Time by Nick Scott and Christopher Colthart"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>What are the consequences for directors who file company accounts late? Nick Scott and Christopher Colthart explain all<\/em>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the Companies Act 2006 (CA 2006) it is a criminal offence for directors to file their company accounts late.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Typically, there isn\u2019t any leeway in whether accounts have been filed late or not; as soon as a company is late with its accounts the offence is committed, and directors are at risk of a criminal prosecution. The longer the failure to file goes on, the greater that risk becomes. There can be many reasons why company directors fail to file their accounts on time; for example, there may be a shareholder dispute or some other issue delaying the preparation of the company\u2019s accounts. Unfortunately, for what may seem a relatively minor infraction, a conviction for late filing of accounts can have far-reaching consequences, including possible disqualification as a director, foreign travel restrictions and disciplinary action by relevant professional regulatory bodies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Download the full article below:<\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2026\/08\/It-pays-to-be-on-time-by-Nick-Scott-and-Christopher-Colthart-.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of It pays to be on time by Nick Scott and Christopher Colthart.\"><\/object><a id=\"wp-block-file--media-f0c7a782-fcd3-4128-b454-2b1bc36941bf\" href=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2026\/08\/It-pays-to-be-on-time-by-Nick-Scott-and-Christopher-Colthart-.pdf\">It pays to be on time by Nick Scott and Christopher Colthart<\/a><a href=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2026\/08\/It-pays-to-be-on-time-by-Nick-Scott-and-Christopher-Colthart-.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-f0c7a782-fcd3-4128-b454-2b1bc36941bf\">Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>What are the consequences for directors who file company accounts late? Nick Scott and Christopher Colthart explain all. Under the Companies Act 2006 (CA 2006) it is a criminal offence for directors to file their company accounts late. Typically, there isn\u2019t any leeway in whether accounts have been filed late or not; as soon as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-2866","post","type-post","status-publish","format-standard","category-august-september-2025"],"_links":{"self":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/2866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/comments?post=2866"}],"version-history":[{"count":1,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/2866\/revisions"}],"predecessor-version":[{"id":2868,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/2866\/revisions\/2868"}],"wp:attachment":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/media?parent=2866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/categories?post=2866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/tags?post=2866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}