From 1 April 2010 existing VAT registered businesses with a VAT exclusive annual turnover of £100,000 or more and all businesses newly registering for VAT will have to file their VAT returns online and pay any VAT due using an approved electronic method.
This is now VAT law so failure to comply will result in penalties.
If you are affected by this change don’t wait for HMRC to write to you, register for online filing and sign up for VAT online services. Contact Accountants in Nottingham, Marshall Smalley Accountants for assistance now.
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