Deadline when existing VAT return filing methods will cease
It has been announced that from 1 November, taxpayers using existing VAT online accounts to file their quarterly or monthly VAT returns will no longer be able to do so.
VAT registered taxpayers must sign up for Making Tax Digital for VAT (MTD) and use compatible software to keep VAT records and file VAT returns. Those taxpayers who are digitally excluded may be granted an exemption but this has to be claimed.
For those filing annual VAT returns, the existing VAT online account will be available until 15 May 2023.
Why not have a look to see how we can help? Or ring and speak to our director, Heather Langtree on 01756 799823.