Businesses affected by the COVID-19 pandemic are being urged to request a Companies House filing extension before the deadline.
Companies House is offering a maximum extension of three months for struggling businesses, but they must meet the condition, of making an appeal to extend before a company’s current filing deadline.
The Government has indicated that those citing issues around COVID-19 will be automatically and immediately granted an extension.
Companies House has made it clear that any company accounts filed late will still incur an automatic penalty.
However, if it becomes apparent that your accounts will not be filed on time immediately before the filing deadline because of the impact of Coronavirus, then you can apply to extend the period allowed for filing.
Businesses are being told to take appropriate measures to ensure that accounts are filed on time, including filing accounts online if you’re able to.
Head of Wilder Coe’s Company Secretarial Services, Ian Saunders has advised that “this could be a huge help to thousands of companies whose accounts are falling due and who are not able to file currently because of restrictions.”
Please contact us if you need any assistance with your accounts or getting an extension.
This blog has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this blog without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this blog and, to the extent permitted by law, Wilder Coe LTD, or its Members, Partners, employees and agents do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this blog or for any decision based on it.
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