Companies House grants 3-month extension to accounts filing deadline during coronavirus outbreak
As of 25 March 2020, businesses are now able to apply for a 3-month extension for filing their accounts.
This joint initiative between the government and Companies House will mean businesses can make managing the impact of coronavirus their priority.
All companies on the Companies House register must submit their accounts and reports each year. Under normal circumstances, the late filing of these accounts triggers an automatic penalty.
Companies will still have to apply for the 3-month extension to be granted under the agreed measures. Those citing issues around COVID-19 will be automatically and immediately granted an extension. Applications can be made through a fast-tracked online system on the Companies House website which will take just 15 minutes to complete.
The government is also in close consultation with company representative bodies, legal practitioners and others, to look at solutions for the impact COVID-19 may have on companies’ ability to hold Annual General Meetings and updated guidance on this matter will be published in due course.