From today, companies can apply for a 3 month extension on filing their accounts as a result of COVID-19. While companies will need to apply for the extension before their filing deadline, and not just assume that this automatically applies whilst then missing their requisite filing deadline, all companies that apply will be automatically and immediately granted the extension.
No evidence will be required in the making of this application to extend. Applications can be made online and we understand that the application process takes approximately 15 minutes to complete.
There is no specific reference to the 3 month extension only being available to companies that have a filing deadline immediately looming or within the forthcoming 3 month period, but will apply if you cannot send your accounts to Companies House because of an event that’s outside of your control.
COVID-19 must be cited in the reasons given in the application in order to obtain the automatic extension without further evidence required. It would, therefore, appear that all companies, regardless of their filing deadline, may be eligible to apply.
Further information can be found here.
If you have any queries about filing your accounts or changes to your business during the coronavirus pandemic, please contact a member of the Corporate team or fill in the enquiry form.
April 21st, 2020
On Saturday 4 April the Government issued updated guidance for employers on the Coronavirus Job Retention Scheme (“CJRS”) along with a separate document for employees. This guidance was then updated again on 9th, 15th and 17th April. In addition, on 15th April, a Treasury Direction was issued setting out the legal framework for the scheme. Below we have set out some of the frequently asked questions and also highlighted some inconsistencies between the Direction and the guidance.. You can read […]
May 14th, 2020
New Government Guidance The Government has this week launched guidance for employers on how to work safely during the COVID-19 pandemic. This provides some much needed clarification of the Prime Minister’s encouragement that those who can’t work from home and can return safely should do so. The new Working safely during coronavirus (COVID-19) guidance is divided into different sections for different sectors. So although there are strong underlying themes, employers will need to consult the version that is directly relevant […]
May 14th, 2020
Last month, a decision was handed down in Millchris Developments Ltd v Waters  4 WLUK 45, which may well be the first decision considering the impact of COVID-19 in a construction dispute. The Facts Millchris had carried out works for Waters over two years ago, but ceased trading in November last year. Waters considered there to be defects in the work and that, consequently, they had been overcharged, so they brought adjudication proceedings in March 2020. Directions were set […]