Starting in April 2010 HMRC is starting the process of making it obligatory to file VAT returns and make payments on-line.
Next year the obligation is only on newly VAT registered businesses and companies with a turnover greater than £100,000. This is the start of a process to ensure that businesses of all sizes file and pay on-line by 2012.
If you are still using paper returns and sending in cheques then it is probably a good time to investigate making the switch to the electronic facility.
Our team are available to help you out if you aren’t quite sure how to start. Just call us on 01384 235549 or email email@example.com.
Lewis Smith & Co. – Tax and VAT Specialists for Wolverhampton, Wednesbury and Walsall