Services / Annual Accounts & CRO
Annual accounts and CRO filings.
On time, every year.
Missing a CRO deadline costs your audit exemption. A late CT1 triggers a 10% surcharge. We prepare your statutory accounts, tag iXBRL, and file everything before deadlines hit — guaranteed.
What is included
From statutory financial statements to CRO B1 filing and Revenue CT1 returns — every annual compliance obligation handled by chartered accountants.
- Statutory financial statements preparation
- Directors report
- B1 annual return to CRO
- CT1 corporation tax return
- iXBRL tagging for Revenue
- Form 11 (sole trader / partnership)
- Audit exemption confirmation
- Prior year comparatives
- Revenue correspondence
- CRO penalty avoidance monitoring
Key filing deadlines
B1 Annual Return (CRO)
56 days after ARD (Annual Return Date)
Penalty: EUR 100 + EUR 3/day up to EUR 1,200
CT1 Corporation Tax Return
On or before the 23rd of the 9th month after the accounting year end
Penalty: 5% up to EUR 12,695 (within 2 months) or 10% up to EUR 63,485 (more than 2 months late)
Preliminary Corporation Tax (small)
31 days before end of accounting period
Penalty: Interest at 0.0219%/day on tax due
Preliminary Corporation Tax (large — 1st instalment)
23rd of the 6th month of accounting period
Penalty: Interest at 0.0219%/day on tax due
Preliminary Corporation Tax (large — 2nd instalment)
23rd of the 11th month of accounting period
Penalty: Interest at 0.0219%/day on tax due
Annual Accounts FAQs
When is my B1 annual return due?
Your B1 is due 56 days after your Annual Return Date (ARD). The ARD is typically 6 months after your company incorporation date for the first return, and annually thereafter. Finlay Mulligan tracks your ARD and files well ahead of the deadline.
What happens if I miss my CRO filing deadline?
CRO charges EUR 100 immediately, then EUR 3 per day up to a maximum of EUR 1,200. More critically, your audit exemption is at risk of being lost for two years if you are late more than once in a five-year period — meaning statutory audit becomes mandatory. We ensure this never happens.
What is iXBRL and do I need it?
iXBRL (Inline XBRL) is a machine-readable format Revenue requires for financial statements filed with CT1 returns. All companies using electronic filing must tag their accounts. We handle all iXBRL tagging as part of the service.
Can I claim audit exemption?
Most Irish private limited companies qualify for audit exemption if they do not exceed two of three size criteria for the current and preceding year: balance sheet under EUR 7.5m, turnover under EUR 15m, fewer than 50 employees. We confirm your eligibility and maintain the exemption.
How long after my year-end do I have to file?
CT1 is due on or before the 23rd of the 9th month after your accounting year end. Preliminary corporation tax is due by the 11th month of the accounting year itself for small companies, or in two instalments (6th and 11th month) for large companies. We plan for both dates to help ensure cash is available for tax payments.
Get your annual accounts sorted
Tell us your company year-end and turnover. We will confirm what is needed and send a fixed quote.