78. Electronic remittances and returns

This section deals with VAT remittances and returns that are made electronically. Essentially, the section provides that persons who submit electronic remittances and returns are given 4 days more than persons who submit paper remittances and returns. This means the tax falls due on the 23^rd, as opposed to the 19^th, of the following month. However, if the electronic remittance or return is submitted late, the extra 4 days grace is forfeited and the due date for the tax reverts to the 19^th of the month.

Relevant Date: Finance Act 2019