Can you still submit VAT returns online?

Can you still submit VAT returns online?

Submit your VAT Return online You need a VAT number and a VAT online account. You can then submit your VAT Return using HMRC ‘s free online service or commercial accounting software. You cannot use your online account to send your VAT Return if you’ve signed up for ‘Making Tax Digital for VAT’.

How do I submit an EC sale list online?

Use EC Sales List. You must register and enrol for HMRC online services. When you have registered and enrolled, sign in to EC Sales List using your user ID and password. Choose ECSL from the list of services displayed, then select the web form option.

Do I need to submit EC sales list after Brexit?

For the export of goods or the supply of services made to EU businesses on or after 1 January 2021, you will not need to submit an EC Sales List (ESL) . You will have until 21 January 2021 to submit ESLs for sales made before 1 January 2021.

How often are VAT returns?

every 3 months
Overview. You usually submit a VAT Return to HM Revenue and Customs ( HMRC ) every 3 months. This period of time is known as your ‘accounting period.

Why can’t I submit my VAT return online?

If you can’t log in or the VAT Submission option isn’t available, please contact HMRC’s online services helpline on 0300 200 3600. Check your company postcode is correct in Settings > About your Business. Check you’ve entered the correct credentials and company details when submitting your return.

How do I submit a VAT return?

Broadly, filing VAT return is a 4-step process. First, you need to download the latest VAT return Excel format, next you need to complete the excel format by mentioning details in relevant sheets, then generate the zip file and finally, upload the zip file into the iTAX portal.

Does EC sales still need to be submitted?

Yes, you’ll still be required to complete one final EC Sales list submission for transactions up to and including the 31st December 2020. This must be filed by the 21st of January 2021 to avoid penalties. After this, no further EC Sales lists will need to be filed.

Do I charge VAT to EU customers post-Brexit?

Post-Brexit, goods entering Great Britain (England, Scotland, and Wales) are considered “imports” rather than “acquisitions”. This means that the goods are subject to import VAT and duties.

What happens if I am late submitting my VAT return?

If you don’t submit your VAT return to HMRC on time, you’re not just liable for a late payment penalty. You’ll also have to pay interest on that too until you pay it. However, depending on your previous VAT payment history, you could receive a Surcharge Liability Notice (SLN) instead.