Have you remembered to file online?August 8, 2011 If your business has registered for VAT since 1 April 2010, you are required to submit all your VAT returns online. You do not have the option of submitting a paper VAT return. Some newly VAT–registered businesses have missed the deadline for submitting their first VAT returns because they did not receive a paper VAT form from HMRC. If no VAT return is submitted HMRC will estimate the VAT due (based on the VAT registration application), and raise an assessment for that VAT. If you receive an estimated VAT assessment do contact one of our VAT experts. |
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