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Annual Returns Query

  • 14-08-2007 12:00am
    #1
    PaddyKay
    Closed Accounts Posts: 15 ✭


    I am the director of a private limited company for the past few years and it has now come to the stage where I have deffered filing annual returns long enough and I have to submit them.

    Since the company was incorporated a few years ago we have spent about 1000 euro developing the idea but we havent traded or sold anything, (slow burner I know).

    How do we submit annual returns, as there is essentially very little to submit but I dont want to go to the expense of hiring an accountant for something which has to be very simple as we have very little to declare. Any advise?


Comments

  • #2
    information
    Closed Accounts Posts: 362 ✭✭information


    PaddyKay wrote:
    I am the director of a private limited company for the past few years and it has now come to the stage where I have deffered filing annual returns long enough and I have to submit them.

    Since the company was incorporated a few years ago we have spent about 1000 euro developing the idea but we havent traded or sold anything, (slow burner I know).

    How do we submit annual returns, as there is essentially very little to submit but I dont want to go to the expense of hiring an accountant for something which has to be very simple as we have very little to declare. Any advise?

    I assume you are talking about your cro returns ?

    Did you apply to defer submitting your annual return ?

    Check out the cro website to see your Annual Return Date.

    Your first return is just simply filling in form b1, cro website has details.

    If you just ignored your return dates, you will now have to, by law get your
    accounts audited for the next 2 years, even if you are not trading.


  • #3
    ircoha
    Closed Accounts Posts: 2,290 ✭✭✭ircoha


    information wrote:
    I assume you are talking about your cro returns ?

    Did you apply to defer submitting your annual return ?

    Check out the cro website to see your Annual Return Date.

    Your first return is just simply filling in form b1, cro website has details.

    If you just ignored your return dates, you will now have to, by law get your
    accounts audited for the next 2 years, even if you are not trading.

    Plus substantial fines : http://www.cro.ie/search/late_filing.asp


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