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VAT Online

March 16th, 2010

vat-van1If you are VAT registered, you have by now been bombarded with literature from HM Revenue & Customs regarding VAT Online. It essentially means that any business with a turnover of £100,000 or more has to file, and pay, their VAT online as from 1 April 2010.

The good news is that if you appoint us as your VAT agent, we do the online filing for you. You just need to make the payment to HM Revenue & Customs electronically by the due date or, alternatively, you can set up a direct debit instruction which allows the VAT man to take the amount you owe per your submitted return (and no more!) directly from your account. You also get a few extra days to pay this way, so an added bonus!

Blog, Value Added Tax

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