On 25 March 2020, a major announcement was made extending the company accounts filing by 3 months as a joint initiative between the government and Companies House to ease out the pressure on companies whose deadlines are approaching.
If any businesses notice that it might have a problem in filing accounts on time before the filing deadline due to any affections caused by a coronavirus, then they can make an application to extend the time allowed for filing the accounts.
It should be noted that this is not an automatic relief. Companies need to apply for an extension for the filing deadline.
If any company fails to apply for an extension and its accounts are filed late, an automatic penalty will be imposed on it.
How to apply for a company accounts deadline extension?
You can simply click here to apply for an extension. It will take just 15 minutes to apply. You will need the following information to apply:
- Company number
- Reason for extension
- Any document to support the application (optional)
Once the application is submitted, the Companies House will revert back in 5 days to inform whether the application has been accepted or not. So we recommend all the companies in need of an extension assess their personal circumstances and make the application as soon as possible.
