Whilst we are all in turmoil and wondering what on earth we can do to protect not only our loved ones, but our employees and our business, there are some very important financial reporting considerations that you need to be aware of.
If your filing date with Companies House is approaching and it has become apparent that you will not be able to file your accounts on time due to the impact of COVID-19, you may be able to make an application to extend the period allowed for filing.
You must however make the application with Companies House. If you don’t and your accounts are filed late, an automatic penalty will be applied.
Act now before the filing deadline
To apply for an extension online you will need:
Your company number
An email address
Information as to why you need more time
Any documents that support the application (optional)
Whilst you will have to apply for the extension to be granted, those citing issues around COVID-19 will be ‘automatically and immediately’ granted an extension.
Please do be aware however, that this will not change your future filing dates.
You can make an application through the fast-track online system which only takes 15 minutes to apply.
More information on the 3-month filing extension is available here
Don’t forget, you must send your application to Companies House before your normal filing deadline.
All data and figures referred to in our news section are correct at the date of publishing and should not be relied upon as still current.