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Company Accounts: Extension to filing deadlines

Companies whose filing deadline falls between 27 June 2020 and 5 April 2021 (inclusive) and who have not shortened their accounting period, the Regulations extend their filing deadline by 3 months. This extends filing deadlines to twelve months after the period end for private companies

Filing deadlines are updated automatically for eligible companies; it is no longer necessary to apply for an extension. The extension applies to the company’s original filing deadline; it is not added to an extension already granted by Companies House

Accounts must be filed by the new deadline, or the company will return to being in default. Late filing penalties that have been issued for deadlines between 26 March 2020 and 26 June 2020 will be reviewed and companies contacted if the penalty is incorrect

The Regulations also extend the time given to companies to file their confirmation statement; details of certain company events such as changes in directors or persons with significant control; and deliver details of a mortgage charge. The current 14-day deadline to file a confirmation statement and to make specific event-drive filings has been automatically extended to 42 days

The deadline extensions granted are temporary measures and expire on 5 April 2021. Filing deadlines that fall on or after 6 April 2021 will not be automatically extended

Filing deadlines applicable to your company can be checked using Companies House online service

A further measure to delay when accounts must be filed by would be to consider lengthening the company’s accounting period. Subsequent accounting period(s) could then be shortened to return the company’s year-end to its original date

The law imposes an automatic penalty where filing deadlines are not met. Late filing penalties may be appealed. In normal circumstances, the registrar has very limited discretion to not collect a penalty.  However, if the late delivery of accounts was caused by the coronavirus outbreak, appeals against late filing penalties will be treated sympathetically. Breaks and additional support with payment plans for late filing penalties will also be provided

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