Companies House: Coronavirus

Department for Business, Energy and Industrial Strategy written question – answered on 30th April 2020.

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Photo of John Lamont John Lamont Conservative, Berwickshire, Roxburgh and Selkirk

To ask the Secretary of State for Business, Energy and Industrial Strategy, what support Companies House is giving to businesses to assist with responding to the covid-19 outbreak.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

On 25 March Companies House announced that all businesses could apply for a three-month extension for filing their accounts, with those citing issues around COVID-19 immediately granted an extension. To support this measure Companies House developed a fast-tracked, online system that takes businesses just 15 minutes to complete. There have so far been over 50,000 successful applications. This was supplemented on 28 March when the Government announced it will offer further extensions should circumstances require.

On 16 April Companies House announced that companies issued with a late filing penalty due to COVID-19 will have appeals treated sympathetically and that it has temporarily paused the strike off process to prevent companies being dissolved. This will help ensure businesses struggling to update their records because of the crisis, are not struck off the register.

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