For VAT periods starting on or after 1 April 2012, all VAT-registered businesses are now required to submit their VAT returns online and to pay any VAT due to HMRC electronically.
To submit VAT returns online, businesses will now need to register and enrol for HMRC’s VAT Online Service.
So if you haven’t done so already, you need to take action now in advance of the first due filing date.
If you need assistance, we can help!
Existing Liquid users can submit their VAT electronically straight from the app.
Once registered for HMRC’s VAT Online Service, all you need to do is enter your Gateway ID and Password into the E-File Credentials function found in the VAT module and you’re done!
It’s as easy as that!
Non-Liquid customers can also submit their VAT online using Liquid by signing up for the free month trial.
HMRC deadline for action: For monthly returns: 31 May 2012; for quarterly returns 31 July 2012
Time is ticking…..