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02 February 2010 / Neil Warren
Issue: 4241 / Categories: Comment & Analysis , VAT
NEIL WARREN considers some practical challenges for those businesses that must file VAT returns digitally from 1 April 2010

KEY POINTS

  • Compulsory online VAT filing for some businesses from 1 April 2010.
  • Two categories of business are exempt.
  • Registration and responsibilities.
  • The benefits of online filing.
  • Deadlines for filing and payments.

Another big day in the VAT calendar is just around the corner. After all the thrills and excitement of the changes with place of supply rules and the VAT rate increase on 1 January 2010 we are now looking forward with anticipation to 1 April 2010 and another important change concerning the nation’s favourite tax.

From this date (and this is not an April Fool joke) 65% of VAT registered businesses in the UK will need to both file their VAT returns online and pay any tax due by an electronic method. In this article I will consider the...

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