Online VAT return is closing to 800 traders - Wright Vigar
 In Advice, Blog, News

For 800 businesses that should be compliant with Making Tax Digital for VAT, HMRC is testing a forced shutdown of the online VAT return. Unless these businesses sign up for MTD VAT, they will be unable to file VAT returns due on October 7, 2021.

Due to the coronavirus outbreak, HMRC compliance work directed at these businesses was postponed, but it is now being ramped up. HMRC wrote to 800 businesses in May 2021, informing them that the online VAT return will be closed to them beginning with their June-August 2021 VAT return that is due on October 7, 2021.

HMRC will evaluate the impact of the forced closure of the online VAT return trial and may decide to expand it to include more businesses.

Meanwhile, businesses planning to file their June-August VAT return via HMRC’s online VAT return should double-check that this option is still accessible to them as soon as possible.

Those who have not yet registered for MTD VAT can do so in as little as a few hours if they have the relevant software in place.

If you need any support with setting up MTD please get in touch via email – action@wrightvigar.co.uk.

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