HMRC has issued a reminder to businesses affected by new online filing requirements for VAT returns. Existing VAT-registered businesses with annual turnovers of £100 000 or more (excluding VAT) and any businesses which registered for VAT from 1 April 2010 now have to file their VAT returns online and pay their VAT electronically. The first quarterly returns affected by the changes are those covering April to June 2010.
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HMRC has issued a reminder to businesses affected by new online filing requirements for VAT returns. Existing VAT-registered businesses with annual turnovers of £100 000 or more (excluding VAT) and any businesses which registered for VAT from 1 April 2010 now have to file their VAT returns online and pay their VAT electronically. The first quarterly returns affected by the changes are those covering April to June 2010.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: