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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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.
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.
'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!