VAT: Return & Reclaim

[imayne]

Hi

My VAT effictive date is tomorow, August 25th 2011.

1) When do I need to do a VAT return?
2) When do I reclaim VAT on my purchases (from VAT businesses)?

This bit is a small headache for me. Calling HMRC takes forever.

Regards

 

[David Griffiths]

Where does the effective date of 25 August come from?

Your VAT registration certificate will give you the date of your first return period, and it's normally quarterly after that.

 

[MyAccountantOnline]

Hi

My VAT effictive date is tomorow, August 25th 2011.

1) When do I need to do a VAT return?
2) When do I reclaim VAT on my purchases (from VAT businesses)?

This bit is a small headache for me. Calling HMRC takes forever.

Regards

Have a read of this it explains how you claim VAT on purchases - http://www.hmrc.gov.uk/vat/managing/reclaiming/index.htm