Bishop Fleming Accountant
9th January 2012, 15:13
From 1 April 2012, all VAT registered businesses will have to file their VAT returns online and pay any VAT due electronically. The only exception is for certain businesses which are subject to an insolvency procedure.
Since 1 April 2010, online filing has been compulsory for most businesses, with the exception of those which were registered before 1 April 2010 and have a turnover below £100k.
These businesses will now have to register to start filing online and paying electronically from 1 April 2012. Online filing needs advance registration on the Government Gateway which needs to be done well in advance of 1 April 2012, via the following link:
http://www.hmrc.gov.uk/vat/start/register/signup-online.htm (http://www.hmrc.gov.uk/vat/start/register/signup-online.htm)
Since 1 April 2010, online filing has been compulsory for most businesses, with the exception of those which were registered before 1 April 2010 and have a turnover below £100k.
These businesses will now have to register to start filing online and paying electronically from 1 April 2012. Online filing needs advance registration on the Government Gateway which needs to be done well in advance of 1 April 2012, via the following link:
http://www.hmrc.gov.uk/vat/start/register/signup-online.htm (http://www.hmrc.gov.uk/vat/start/register/signup-online.htm)