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Replace Page Numbers to the Demand For Extension Of Payment Date

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Aug 6th, 2022

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How to Replace Page Numbers to the Demand For Extension Of Payment Date

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How do you change the accounting reference date?

If you want to make your companys financial year shorter or longer than 12 months, you can apply to Companies House to change your accounting reference date. To change your ARD, you must complete form AA01 and deliver it to Companies House.

What are the three reasons for change in accounting date?

i) The need to synchronize the accounting date of a subsidiary with that of the holding company. ii) The convenience of stock taking at a particular period of the year. iii) A business may take over the operation of another and as a result wish to change the accounting date of the company taken over to that of its own.

Can directors change the accounting reference date?

The directors can change the ARD for the financial period in which the change was notified and subsequently by giving notice to the Companies Registry (using Form AA01). An account reference date may be changed by shortening an accounting reference period as often as a company likes and by as many months as it wants.

What is the reason for extending accounting period?

Extending the accounting period gives the company more time to prepare its accounts and ensures they are up to date. A business may reduce its accounting period as much as it likes, but there are rules about increasing it. It can do so only once every 5 years and for up to 18 months.

Why change accounting reference date?

Benefits of changing your accounting date - deferring a tax liability. Perhaps the most obvious reason for changing your accounting date is to defer a tax liability. When your companys profits are falling you can push back your accounting date, and when profits are rising you can bring it forward.

How do you ask for an extension of deadline email?

I am emailing you to ask if it might be possible to be granted additional time for the [name of assignment] due on [due date of assignment]. Unfortunately, I am behind with this assignment because [give reason why you will not complete your assignment on time and attach supporting documentation, if any].

What is the best accounting reference date?

The standard deadline for filing your company accounts is nine months from your accounting reference date. This means that your first company accounts will be due 21 months after your incorporation date.

How do I extend my deadline at Companies House?

Apply by post You can write to Companies House to apply for an extension. You should explain whats happened and how much more time youll need to file your accounts. You must apply to the correct office where your company is registered.

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