CORONAVIRUS - COMPANIES HOUSE - 07.05.2020

Three-month filing extension for accounts

Company law has always given Companies House the discretion to grant a three-month filing extension for accounts but it’s normal Companies House policy not to allow extensions unless there are extreme circumstances.

Coronavirus extension. However, as part of the government’s agreed measures for dealing with coronavirus, while companies will still have to apply for the three-month extension, those citing issues around coronavirus will automatically and immediately be granted an extension.

Note. Companies that have already extended their filing deadline, or shortened their accounting period, may not be granted the extension.

How to apply? You can make an application through a fast-tracked online system which Companies House says should take 15 minutes to complete (see The next step ). Tip. Make sure you apply for an extension before your filing deadline. If you file your accounts late without an extension being agreed in advance, the usual rules apply meaning that you’ll get an automatic late filing penalty which is notoriously difficult to get overturned.

To apply for an extension, visit http://tipsandadvice-financialcontroller.co.uk/download (FC 12.08.12).

Due to coronavirus, Companies House is granting a three-month filing extension. It’s not automatic so you’ll need to apply for it before your filing deadline to take advantage.

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