Acceptable Turn Around For EOY Accounts

[DonaldG]

If i am really nit picking you have 9 months and one 1 day to pay the CT! Accounts are 10 months, although this is changing to 9 months for periods starting after 6 April 2008.

You have to prepare the accounts to work out how much tax is due but you can always make a payment to account, if you roughly know how much you are due to pay.

[pmeswani]

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

A month in business isn't a long time... so it doesn't really matter if it is 8 or 9 months.... I need to chase my accountant at the right time. My Year end is in March 2009, and even though I have 9 months, I plan to get as much as possible done as soon as possible so that I have the option of moving Accountants sooner rather than later. I am going to have to get my Sage Accounts Software up to date by then so that I can start self-invoicing rather than relying on the Accountant to do it.

[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

[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 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.

[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.

[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.

[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]

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]

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]

... will give them till tomorrow

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

[Bumfluff]

... will give them till tomorrow