New (to us) client company, arrived too late for us to rearrange AP date. Incorporated 15th Dec 2019, commenced trading (circa) mid- April 2020. Firtst accounts to 31 Dec 2020.
So no problemo with Cos House accepting a 12 and a half months duration single set of accounts. Submission date nigh.
But two Ct600s: for (dormant) p/e 31 Dec 2019 & y/e 31 Dec 2020 would surely trigger a late filing penalty for the earlier return. Likewise if the Ct600s are timed at p/e (circa) 15th April 2020 & p/e 31 Dec 2020.
I have a feeling of deja-vu over this question (I want to say from around 15 years ago) and might well receive a slap from the panel. Nevertheless, does anyone please have any advice or guidance for a workaround that (a) avoids any appeal against the late-filing penalty; and (b) avoids any HMRC penalty for late filing of a "dormant" initial period return?
The best intel I have is that HMRC were never advised that the company commenced trading activities in April 2020 (so quite probably expect the company to be dormant currently). Should the client risk it by skipping the initial period's CT600 return?