The Book-keepers Forum (BKF)

Post Info TOPIC: how often to pay VAT


Senior Member

Status: Offline
Posts: 266
Date:
how often to pay VAT
Permalink Closed


The default position is that you'll need to prepare a VAT return quarterly.  The deadline for submitting the return and making payment is the 7th of the second month following the end of the VAT quarter (i.e. 7 July for the quarter ended 31 May). 

When your registration was approved, you should have received a letter from HM Revenue & Customs headed 'Certificate of Registration for Value Added Tax'.  This will show on it the period that the first VAT return should cover. 



-- Edited by Robert Pearce on Friday 15th of June 2012 03:27:43 PM

__________________

Pearce & Co - Chartered Accountant and Chartered Tax Adviser 

www.pearceandcoaccountants.co.uk

These comments are outline only and are not a substitute for specific professional advice.



Veteran Member

Status: Offline
Posts: 36
Date:
Permalink Closed

Hi,

I just open my limited company. I regist my company in April. But I haven't received any income till now. My VAT active date is 30th of May.

I applied flat rate VAT yesterday(14th of June), I have some business cost from end of April.

Could someone kindly tell me when should I pay VAT and the VAT return and how often should I do it?

Many thanks!



__________________


Veteran Member

Status: Offline
Posts: 36
Date:
Permalink Closed

Thank u very much Robert Pearce!

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About