COVID-19: 3 month extension to file accounts at Companies House

covid-19

Date

Mar 25, 2020

Categories

Covid-19

From today (25 March 2020), businesses will be able to apply for a 3 month extension for filing their accounts with Companies House. This measure is designed to help companies avoid penalties as they deal with the impact of COVID-19.

This joint initiative between the government and Companies House will mean businesses can prioritise managing the impact of Coronavirus.

There are approximately 4.3 million businesses on the Companies House register, and all companies must submit their accounts and reports each year. Under normal circumstances, companies that file accounts late are issued with an automatic penalty.

As part of the agreed measures, although companies will still have to apply for the 3 month extension to be granted, those citing issues around COVID-19 will be automatically and immediately granted an extension. Applications can be made through a fast-tracked online system with Companies House which will take just 15 minutes to complete. If you do not apply for an extension and your accounts have been filed late, an automatic penalty will be imposed.

 

How to apply

To apply use this link https://www.gov.uk/guidance/apply-for-more-time-to-file-your-companys-accounts.

You’ll need:

  • your company number
  • information about why you need more time
  • any documents to support your applications (optional)

You will have to state your reason for applying for an extension. If your application is based on issues around COVID-19, you’ll be automatically and immediately granted a 3 month extension.

 

Do please send us an email if you would like to discuss applying for an extension to file your accounts.

 

 

Summary
COVID-19: 3 month extension to file accounts at Companies House
Article Name
COVID-19: 3 month extension to file accounts at Companies House
Description
Businesses can apply for a 3 month extension for filing their accounts with Companies House. whilst they deal with the impact of COVID-19.
Author
Publisher Name
Paish Tooth
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