MTD for VAT (UK)

MerlinAccounts_UKMerlinAccounts_UK Member Posts: 174 ✭✭✭

As if you hadn't already noticed, the first VAT quarter end that is subject to the new MTD for VAT regulations is due for filing by no later than next Wednesday (7 August). If you haven't already done so make sure you are signed up for filing under MTD now as it can take 72 hours before you'll be able to file.

If you are going to be late with the MTD4VAT registration you may be better to file the return through the HMRC portal in the normal way and pay your liability when due so that you've at least made a return and paid on time. This being the first period affected, and based on past experience with new initiatives being implemented by HMRC, there will no doubt be some leeway being given over non compliance (this time around).

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