Online VAT Return

Filing of online VAT returns to HMRC is going to be mandatory. Clear Books web based accounting software supports online filing of VAT returns to HMRC...

Online VAT Filing with Clear Books

Sign up to Clear Books for a free 30 day trial so that you can, at the touch of a button, file your VAT return online.

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VAT Returns Online

Online VAT Filing will be mandatory for most businesses from April 2010. Did you know that mandatory online filing of VAT returns is just around the corner? Is your business ready?

HMRC has indicated that from 1 April 2010 it is expected that certain VAT registered businesses will be required to file their VAT returns online:

  • All newly registering VAT businesses (whatever their turnover)
  • All VAT registered businesses with an annual VAT exclusive turnover of £100,000 or more

Advantages of Online Filing

It is simple, quick and you get an immediate on-screen acknowledgement so you know HMRC has received your declaration.

  • Available day or night
  • Automatic calculations to reduce errors
  • Notify HMRC of changes to your VAT registered business
  • Nominate an agent to submit on your behalf
  • Receive email reminders when your VAT Return is due
  • Enrol and submit your return immediately – Activation PIN not required
  • You may get up to seven extra calendar days to submit your VAT Return and pay
  • Subscribers to the Direct Debit facility may get an additional three working days before HMRC collect payment

How to Register for VAT Online

If you are not registered for HMRC online services then go to HMRC registration. You will need the following information to hand to register for VAT online:

  • VAT Registration Number
  • Principal Place Of Business postcode
  • Date of Registration
  • Month of last VAT Return period end
  • The Box 5 figure on your last VAT return

Submitting VAT Online

Once registered you will need to log into the HMRC online VAT filling service at the end of each quarter and complete your VAT return online.

The even easier way…

There is an easier way that takes the hassle out of online VAT submission altogether. Online accounting software provider, Clear Books, has announced the release of its automated online VAT filing service in preparation for the move to mandatory online VAT filing.

VAT returns created in Clear Books can be submitted electronically to HMRC at the touch of a button. Find out more at www.clearbooks.co.uk

We have reproduced the informational guide opposite as a pdf document that can be downloaded and distributed.

A tutorial to submit online VAT returns within the Clear Books accounting system is also available.