HM Revenue & Customs (HMRC) haveissued a reminder that from 1 April 2012 all VAT-registered businesses must complete their VAT returns online and pay their VAT electronically. At present, only newly-registered businesses and those with a turnover of more than £100,000 per annum have to file and pay their VAT online.
The new rules will cover VAT returns filed for accounting periods beginning on or after 1 April 2012.
For more information, see http://www.hmrc.gov.uk/vat/ .
We can advise you on all aspects of compliance with tax law.