Calling VAT experts again....

deejaybee

Hi,

I have successfully registered for Flat Rate VAT, have certificate, and the company that supplies my work has started paying VAT on my invoice statement.

I have selected quarterly returns - Sept / December / March/ June

On certificate is a list of " Important Dates "

Effective date of Registration: 22 Aug 2013

Date of certificate: 05 Sep 2013

VAT return period end date: 30 Sep 2013

Does that mean that I have to make first VAT return payment on Sep 30th ? Will I get email/post reminders ?

Don't want to get off to bad start with Vatman by paying late...

Thanks

zenmaster

You have 1 month (and a bit, depending on how you are making the payment) following your accounting period end date, therefore around 31st October.

You need the VAT Payment Deadline Calculator for a precise date..

antonic

Your VAT return has to be filed and paid (electronically) by 7th November and then every 3 months afterwards.

You can register for online electronic reminders to be sent to you, to remind you when to file and pay your returns.

deejaybee

Thanks both, appreciated

deejaybee

Just to be certain on one more thing ?

I know now that I have until 7th Nov to pay VAT due.... but do I have to actually file the return by 30th Sep ( my vat return period end date )

Thanks

classy69

No, you have until the 7th to do that too.

antonic

deejaybee wrote: »

Just to be certain on one more thing ?

I know now that I have until 7th Nov to pay VAT due.... but do I have to actually file the return by 30th Sep ( my vat return period end date )

Thanks

No,

When the VAT period ends (in your case 30th Sept), you have to file the return online BY 7th November at the latest.

There is nothing to stop you filing the return earlier if you wish, and if you pay by DD , HMRC will call for the funds once the return has been filed BUT wont actually take the funds till the due date.

(If your paying by DD you need to set the DD up about 10 days in advance of the return you want paying, because if you dont there is a chance that it wont be active in time for the payment to be taken - when you set up the DD you will receive a confirmation letter from HMRC).

Hope this helps

deejaybee

Advice appreciated both