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VAT Q and A

Below are some of the questions we get asked as VAT experts.

When is a VAT return due for filing at HMRC?

The submission deadline for company VAT returns is 1 month and 7 days after the end of the VAT period – regardless of whether you pay monthly or quarterly.

When is a VAT liability due for payment to HMRC?

You will be required to submit your VAT return no later than 7th of the month, in the second month after your VAT period ends. This must be submitted online. For example, a VAT period ending on 30th September will mean the VAT return is due by 7th November.

What is the due date for VAT payment?

VAT is due for payment 1 month and 7 days after the VAT return in question. For example, with a VAT Return period ending 28^th February 2023, you have until 7^th April 2023 to make payment either online or by bank transfer.

Summary

Need help with VAT? Our time served accountants can help you with VAT registration, VAT returns, compliance, and Making Tax Digital, ensuring your business meets its obligations while remaining as tax-efficient as possible. Call Accounting Solutions Manchester today on 0161 879 7175 for a free, no-obligation consultation.