Acceptable Turn Around For EOY Accounts

[Bumfluff]

... will give them till tomorrow

[BrilloPad]

... will give them till tomorrow

When was your EOY? Corporation tax due 8 months after year end.

[Bumfluff]

Yeah, but a few issues this year stopped me getting round to getting the paper work together until a month and a half ago, I need to make payment very soon and there were so many errors on last years accounts it worries me.

[BrilloPad]

Yeah, but a few issues this year stopped me getting round to getting the paper work together until a month and a half ago, I need to make payment very soon and there were so many errors on last years accounts it worries me.

Have you been in touch with your accountant? When do they say they will be ready?

[Bumfluff]

Have you been in touch with your accountant? When do they say they will be ready?

Well they werent ready in the turn around time of 5 weeks quoted.

[BrilloPad]

Well they werent ready in the turn around time of 5 weeks quoted.

Personally I would give them a quick phone call/email and politely remind them they exceeded the quote and ask how long.

Remind them of the 8 month date.

[pmeswani]

Personally I would give them a quick phone call/email and politely remind them they exceeded the quote and ask how long.

Remind them of the 8 month date.

I thought it was 9 months after EOY that the CT had to be submitted by.

[Alan @ BroomeAffinity]

You hsould have a guaranteed turnaround. We're 20 working days after complete submission of all paperwork although it normally works out nearer 10.

There's not much we can do if you're late submitting the paperwork though.

[Bumfluff]

I thought it was 9 months after EOY that the CT had to be submitted by.

You have to pay a month before you submit the accounts, so you actually need you accounts amonth before the date they are due so you know what your paying.

[Alan @ BroomeAffinity]

You have to pay a month before you submit the accounts, so you actually need you accounts amonth before the date they are due so you know what your paying.

Not correct.

• You pay CT 9 months after your year end
  
• You file to Companies House 10 months after year end
  
• You file to HMRC 12 months after year end.

HTH