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Hi all,

CCH have sent out an email about problems filing accounts with Companies House due to the virus. They suggest making an application to extend the accounting date to obtain more time. However they do not say that shortening the accounting reference date by a day will give an extra 3 months to file. I would have thought that a software house supplying accounting software would have included this information.

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By ms998
20th Mar 2020 16:37

What if you don't want to shorten your AP by a day?

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Replying to ms998:
Psycho
By Wilson Philips
20th Mar 2020 16:44

You don't need to - it is just the ARD that changes.

But I wouldn't have thought it appropriate for a software provider to suggest, openly at least, use of what many consider to be a loophole. Especially at a time when there is talk of it being closed.

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Replying to Wilson Philips:
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By brian-scholar
20th Mar 2020 16:53

Thanks, I didn't know they were thinking of closing it. Better keep my eyes open for that.

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Replying to brian-scholar:
Psycho
By Wilson Philips
20th Mar 2020 16:56

Opinion (and it is only opinion) is that they will not actually get rid of the facility but perhaps restrict its use to the same once very five years rule for extensions.

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Replying to Wilson Philips:
RLI
By lionofludesch
20th Mar 2020 17:36

But they 've more to worry about at the moment.

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By Truthsayer
22nd Mar 2020 10:54

'I would have thought that a software house supplying accounting software would have included this information.' Would you now? You apparently think it is the job of a software house to advise abusing a process!

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