<Monetary threshold for LF preparation>

• Not applicable

<Preparation deadline>

• By the due date for filing the company’s tax return, which is 12 months after the end of the accounting period.​

<Submission deadline>

• Typically, within 30 days of a request by the tax authority.

  • Reference: INTM450050

<Language>

• English

<Penalty>

• If LF is not submitted within 30 days of a request, an initial penalty of GBP 300 may be imposed, followed by a daily penalty of GBP 60 for each day the failure continues.

  • Reference: INTM450050