Dormant Company Accounting Services
Accountancy Made Simple from only £89/month
In partnership with Caroola & BAA
Join thousands of small UK businesses who trust Caroola when it comes to Dormant Accounting.
We specialise in providing bespoke accounting services tailored specifically for limited companies, contractors, and freelancing professionals. Our expert team is here to help streamline your finances, reduce your tax liabilities, and ensure you remain compliant with HMRC.
Dormant Company Accounting, Sorted for just
£69
+VAT
Simply fill in the form below, and we’ll be in touch shortly to get you filed in no time.
How Does It Work?
It's an easy, three-step process.
Step 1
Book your free consultation. We'll talk you through the process and get all the details we need to file your Self Assessment.
Step 2
We'll handle it all. No mess, no fuss. Just an accurate, timely submission.
Step 3
Relax for another year. With your accounts filed and submitted, you're free to get on with the day job.
Rest assured, you're in good hands with Caroola & BAA
What will you get for your money?
Over 15 years experience
Compliance and accuracy, guaranteed
No hidden fees. Simply a fixed cost, one-off service.
No stressing about last-minute deadlines
Why people like you, choose to work with Caroola & BAA
Expert Help
We're real accountants, with years of expertise helping self-employed people like you.
Help Avoiding Fines
We know that the risk of an HMRC fine is the most important thing to you – which is why our service is rapid, and compliant.
No Tie-In
If you just need us to file your Self Assessment, that's fine. We'll just submit your tax return, for a single, one-off fee.
Self Assessment Deadlines and Fines
When is the Self Assessment deadline?
The deadline for filing your Self Assessment tax return is January 31st 2026. That may seem far away now, but why put off to tomorrow what you can do today? Starting the process early means you can get your tax return filed and out of the way for ultimate peace of mind. Plus, no last minute stress or late-filing penalties!
How much will I be fined for late filing?
You’re automatically hit with a £100 fine from HMRC if your tax return is up to 3 months late. Then, if you file after this period the fine continues to increase, and you’ll be charged 7% interest on late payments. Here’s a breakdown of the fines you’re facing:
Over 3 months late: £10 per day, up to a maximum of £900
Over 6 months late: Another £300 fine or an additional 5% of tax owed – whichever is higher – totalling £1300
Over 12 months late: Another £300 fine or an additional 5% of tax owed – whichever is higher – totalling £1600.Do I need to file a Self Assessment?
Yes, anyone who is self-employed and earns over £1,000 in the same tax year has to file a Self Assessment. It’s important to file on time and be accurate in your submission because this is how HMRC calculates and collects the income tax you owe.
If I’m filing late, what do I need to provide?
Delaying your filing duties now means there’s an increased chance of filing late as the deadline creeps in. If that happens, you’ll need to share a breakdown of your income for the year, any supporting documentation, proof of ID and address. Going forward, it’s crucial to keep on top of your bank statements and receipts year-round to make filing easy, quick and accurate.
What happens if I've been paying too much tax?
This can happen – and if it does, you may be due a tax refund. Our tax specialists will help you to spot this and make HMRC aware.
Why Choose Caroola as Your Professional Accountant?
As well as being highly trained and certified, our team has direct experience with hundreds, if not thousands, of freelancers and contractors at every stage of their lifecycle. Our professional accountants will always focus on ways to save you stress, time, and money while you drive your business forward. Your professional accountant will take the time to get to know your business inside and out.
Financial security is a top priority for Caroola. That’s why we acquired the Cyber Essentials Plus certification to protect ourselves and any client data we hold.
We are also highly flexible and responsive, so you have an expert in your corner at all times. This is especially useful when it comes to dealing with HMRC. Contact us anytime if you need to discuss anything.
Smart Bookkeeping
Simplify invoicing, expenses, and cash flow management with easy-to-use software.
Flexible Plans
Our transparent, fixed pricing ensures you know exactly what you’re paying for.
Expert Accounting
Work with a dedicated accountant who takes the time to understand your business.
Clear Pricing
Our transparent, fixed pricing ensures you know exactly what you’re paying for.
Growth Partner
We go beyond the numbers to offer proactive advice that helps your business stay compliant.
How Much Does a Professional Accountant Cost?
The cost of an accountant will typically depend on the level of support needed.
For instance, VAT or Self Assessment support is a common add-on which can increase the price of services. At the same time, you don’t want to be paying for an accountancy package that over services and overcharges your company. An accountant should provide noticeable value in the form of targeted support, communication, and legal compliance.
At Caroola, we offer fixed monthly pricing so it’s easy to plan ahead. We will always be transparent about the fees and costs associated with our accountancy services, so you know exactly what you’re paying for. No hidden fees. Just maximised value for money.
Sole Trader
- Self Assessment filing
- Bookkeeping software
- Dedicated accountant
- MTD ITSA software
- Corporation Tax & VAT filing
- Annual Accounts
- Real-time tax insights
Limited Company
- Self Assessment filing
- Bookkeeping software
- Dedicated accountant
- MTD software
- Corporation Tax & VAT filing
- Annual Accounts
- Real-time tax insights
Partnerships & LLP
- Self Assessment filing
- Bookkeeping software
- Dedicated accountant
- MTD ITSA software
- Corporation Tax & VAT filing
- Annual Accounts
- Real-time tax insights
Speak to a Professional Accountant Today
Get your tax return filed, sorted, and out the way for another year.
All you need to do is fill in your details and one of our qualified accountants will be in touch to get the information we need. We’ll have your Self Assessment filed in no time!
FAQs
- Is anyone exempt from Self-Assessment?
Regardless of whether you make a profit or loss from your self-employment, you need to file a Self Assessment tax return. The only exception is if your trading income is below £1,000.
- How long does the process take?
Our filing service typically takes between 3-5 days. If you’re really up against the clock, we can file your Self Assessment in 48 hours, via our express service.
- How will you look after my data?
You can trust that our process is highly secure. We’ve been awarded the Cyber Essentials Plus certificate, which means we’ll keep your financial information safe and confidential in line with our strict data protection policies.
- What if I've already missed the deadline?
File now and this won’t be a worry! But don’t panic if you’ve missed the deadline – it happens. The important thing is to take action as quickly as you can. We can process your Self Assessment in as little as 48 hours, and the sooner we get started, the sooner HMRC will be satisfied.
The Knowledge Hub
Do I Need an Accountant if I’m Self-Employed?
Partner Blog: Funding Questions Every Business Owner Asks
Benefits of having an accountant
IR35 Business Entity Tests
How to Become a Freelance, Self-Employed, Mobile Hairdresser
Making Tax Digital for the Self-Employed and Small Businesses
Making Tax Digital for Landlords
Partner Blog: How to get Funding for Your Business
How to Choose the Right Savings Bank Account for Your Business
Benefits of Tide Business Banking
Why Every Business Needs a Separate Bank Account
