Monthly Archives: January 2013

Are you up to date with your VAT returns?

Are you up to date with your VAT returns?

This week HMRC launched a VAT Outstanding Returns campaign, aimed at VAT registered businesses with one or more returns outstanding.  The campaign gives businesses the opportunity to file any overdue returns and pay any VAT due electronically by 28 February in return for what HMRC descibe as the ‘best terms available’ in respect of any penalties and surcharges that may be incurred.

After 28 February, businesses are being warned that if they have not submitted their outstanding VAT returns and paid what they owe HMRC will target them and place their tax affairs under greater scrutiny.

If you would like any advice or assistance in getting your VAT affairs up to date, please call us on 01242 223160.