Under Government proposals, from 1 April 2010 the way some businesses file their VAT returns and pay any VAT due will also change:
- All VAT registered businesses with a turnover of £100,000 or more (excluding VAT)
- All businesses newly registering for VAT, whatever their turnover
- Must file their VAT returns online and pay any VAT due electronically
If your business falls into any of the above categories, the changes apply to all returns covering accounting periods beginning on or after 1 April 2010 and we will no longer issue paper returns for these periods.
Filing returns on paper will still be an option for the remaining VAT registered businesses, but this will be reviewed in the run up to 2012.