In reply to Toerag:
Depends how digital your accounts reporting is to your the equivalent of HMRC imho.UKGOV has make big strides to go digital .
It is so easy now with HMRC with live reporting etc and with the right software pretty straight forward.
There again I do not adopt any shady business practises and t I have plenty of cash flowing through the business so that side of it does not cause me any issues.
Businesses that are on the breadline with very tight margins and poor cash flow .....thats a different prospect. For some business even say a monthly SAGE cost of a few hundred £s will cause problems.