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What is the shortest accounting period allowed?

The first accounting period must be between six and eighteen months. Subsequent periods will usually be twelve months, but can be changed to anything from one day to eighteen months. An accounting period can be shortened as often as you like but can only be extended once every five years.

Can you file LLP accounts online Iris?

Users can electronically file Limited Liability Partnerships ( LLP) accounts to Companies House through IRIS. Please follow the below process for submission of the LLP accounts to Companies House From the IRIS Accounts Production module 1. Select Reports | Annual | iXBRL 2. Please check the accounts 3.

What can be filed via WebFiling?

WebFiling can be used to submit the following documents online to Companies House Annual Return (AR01) Return of Allotments of Shares (excluding non-cash) (SH01) Change of registered office address (AD01) Appointment of director (AP01) Appointment of corporate director (AP02) Appointment of secretary (AP03)

When a LLP is required to get its account audited?

The accounts of every LLP shall be audited in ance with Rule 24 of LLP, Rules 2009. Such rules, inter-alia, provides that any LLP, whose turnover does not exceed, in any financial year, forty lakh rupees, or whose contribution does not exceed twenty five lakh rupees, is not required to get its accounts audited.

Does an LLP have to file accounts?

LLP members must maintain accurate accounting records for the work they carry out, which they will then use to complete and file their Self Assessment tax returns.

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