WRITING ON THE WALL FOR PAPER VAT RETURNS

摘要

HMRC is reminding VAT-registered businesses that all VAT returns must be submitted online from this spring, meaning paper returns will soon be a thing of the past. From April 2012, all 1.9m VATregistered businesses in the UK will have to submit their VAT returns online and pay electronically for accounting periods beginning on or after 1 April 2012. Every VAT-registered trader who is not already required to submit online will be contacted in writing by HMRC by the end of February, advising them of the change, and what steps they need to take.