Penalties for filing your annual returns too late

Legal Advice on filing annual returns and how to extend your deadline
Penalties for filing your annual returns too late

An application for an extension of time to file an annual return can be made to the High Court or District Court.

Dear Stephen

We were recently advised by our accountant to set up a company in respect of our farming enterprise. This was set up two years ago and myself and my son are the directors of the company. Our accountant has asked us to give information in order that an annual return could be provided and this was not done in time and we have now been told by our accountant that there will be penalties and we are looking for advice as to whether we have any options here, to overturn or appeal this and as to what the likely penalties would be? John

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