VAT Notes 3 2011 Supplement
The above newly issued supplement details forthcoming changes to the new online filing requirements.
By way of reminder, from April 2012 virtually all VAT registered businesses with an annual turnover under £100,000 will have to file their VAT returns online and pay any VAT due electronically – or face penalties. HMRC will be writing those affected next February to explain the new requirements.
More information is available at:- http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfp=true&_pageLabel=pageLibrary_PublicNoticesAndInfoSheets&propertyType=document&columns=1&id=HMCE_PROD1_031590