Most businesses who are VAT registered will need to submit quarterly returns to HMRC. These have to be submitted 1 month and 7 days from the end of the VAT return period.
For example – for a VAT quarter ending 30 September 2023, the return and any VAT which needs to be paid will be due by 7 November 2023
Our team will be in contact at the end of the VAT period to ensure that all documents are submitted through your Business Cloud dashboard and that all invoices, expenses and any additional income has been recorded.
Once completed, please inform our team that you’re ready for us to run the relevant checks and prepare the VAT return for you. Once ready, this will be sent for signoff and submitted electronically to HMRC.
HMRC introduced a new penalty points system in January 2023. Please see this article for further information.