Companies to receive 3-month extension period to file accounts during Covid-19

22 Jun 2020

Businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of Covid-19.

From 25 March 2020 businesses were able to apply for a 3-month extension for filing their accounts.

As part of the agreed measures, while 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.

How to apply:

Applications can be made through a fast-tracked online system which will take just 15 minutes to complete. This can be found on HMRC's website here

To apply online you'll need:

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

What Happens After:

HMRC will review your application and decide whether to grant your extension request.

If your application is based on issues around COVID-19, you'll be automatically and immediately granted a 3-month extension.

It is important to file your accounts by the deadline date if possible. You should not wait for a decision about your extension request.

HMRC will contact you by email to tell you if your application has been successful or not. They may also contact you if they need more information.

If HMRC agrees to extend your filing deadline, you must file your accounts before the new deadline date, or your company will get a late filing penalty.

This will not change the deadline dates for your future accounts.

If you would like help with any of our services contact us to speak to one of the team.

Call us on 01753 888211

Email us info@nhllp.com

CLICK TO SUBMIT YOUR ONLINE QUERY

DOWNLOAD OUR BROADCASTS