Online VAT filing changes confirmed
HMRC has confirmed that from 1 April 2012, all VAT-registered businesses will have to send their VAT returns online and pay their VAT electronically.
Currently only newly registered businesses or those with a turnover of more than £100,000 have to file and pay their VAT online.
Because of the pending changes, HMRC is recommending that businesses switch to online now to avoid the last minute rush.
The changes were announced in the draft clauses of the Finance Bill 2012, and follow a consultation.
We can register to file and pay your VAT online on your behalf, please contact us to find out more.
Upcoming deadlines
31 May 2012
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Backdated Partial Exemption VAT Date
Deadline for VAT partial exemption special method approval if backdating required to 1 June 2011 (May VAT year ends)
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Capital Goods VAT Date
Capital goods scheme VAT adjustments (monthly returns)
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Intrastat
Due date for payment of supplementary declarations for April 2011
