Submitting online VAT returns

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

All VAT registered businesses are required to submit their VAT return electronically unless they are covered by one of the exemptions explained below (in practice, the application of the exemptions is limited). If a business is legally required to submit an electronic return and it renders a paper VAT return, it may incur a penalty. This note should be read in conjunction with the Making Tax Digital ― overview guidance note.

Who must submit an electronic VAT return?

All businesses are required to submit an electronic VAT return, with the exception of the following, who are exempted from being required to submit an electronic VAT return:

•
where it is not possible for the business to use a computer to submit its returns, for reasons of age, disability or remoteness of location
•
where HMRC is satisfied that the business is run by practising members of a religious society, whose beliefs prevent them from using computers
•
where the business is subject to an insolvency procedure; however, if the business has an approved voluntary arrangement online

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, generative tax AI, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Employment Tax

Subsistence expenses

Subsistence expensesIntroductionSubsistence is the amount incurred as a consequence of business travel. Typically it relates to accommodation and meal costs incurred. These amounts are allowed because they are associated with the necessary travel which is not to a permanent workplace. See the Travel

14 Jul 2020 13:43 | Produced by Tolley in association with Philip Rutherford Read more

Employment Tax

Short-term business visitors (STBVs)

Short-term business visitors (STBVs)What is a short-term business visitor?An STBV for UK tax purposes is an individual who performs duties for a non-UK employer and as a part of those duties has been asked to spend a short period working in the UK. There is a common misconception that there is

14 Jul 2020 13:40 | Produced by Tolley in association with Gill Salmons Read more

Employment Tax

Loans written off

Loans written offCompanies sometimes provide directors, employees or shareholders with low interest or interest-free loans either as part of the reward package or on special occasions to help the individual meet significant expenditure. The employment income implications of these loans are discussed

14 Jul 2020 12:11 | Produced by Tolley Read more

UU��ֱ��