See how easily you can get a FREE e-mail reminder so you never forget when your VAT return is due
It’s quick and easy to set up a FREE e-mail reminder of when your VAT returns are due!
All you have to do is Log in to your account on the HMRC website, then do the following:-
- Under the VAT service heading, click on ‘access service’
- Next, click on the ‘maintain e-mail address’ link
- Click ‘add e-mail address’ and follow the instructions
- HMRC will then send you a code (usually within a few minutes)
- Enter the confirmation code in the ‘confirm e-mail address’ section and click ‘submit’
- You should then see a green box showing a green tick, saying ‘Thank you for confirming your email address’
That’s it! You’re all set up to receive your reminders so you will never forget to submit your VAT returns on time!
P.S You can also set up a ‘General Messages’ reminder in the same way too!
What all UK VAT registered businesses ought to know about the new filing rules from 1st April 2012
From your next accounting period that starts on or after 1st April 2012, you must file your VAT returns online and pay electronically too.
You can’t go back to paper filing after that date.
Filing VAT returns online
It’s quick and easy to do and you can get more information on how to set it up at www.hmrc.gov.uk/vatonline
Just to help you, before you start to enrol for VAT online, you will need to the following information to hand :-
- Your VAT Registration Number
- The postcode of your principal place of business
- Your effective date of registration (EDR) for VAT
- The final month of the last VAT Return you submitted
- The ‘Box 5′ figure from the last VAT Return you submitted
The details for numbers 1,2 and 3 can be found on your certificate of registration. The details for numbers 4 and 5 can be found on the last VAT return you submitted.
Paying VAT electronically
There are several ways to pay and you can get more information about the options at www.hmrc.gov.uk/payingvat.
If you decide to pay by Direct Debit, you need set up the instruction before you submit your next VAT return. It’s best to set it up at least 4 working days before the return is due. Paying by Direct Debit also helps your cashflow as the funds are collected from your bank account on the third bank working day after the extra seven calendar days following your standard due date.
Hope you find that useful!
P.S Take a look at our next blog about setting up a FREE email reminder for your VAT returns