27 September 2022
From 1 November 2022 HMRC will be permanently closing the VAT online account and will migrate all remaining VAT registered businesses onto their MTD portal.
Business will no longer be able to file quarterly or monthly VAT returns using the old portal, instead businesses must be MTD compliant from that date or face late filing penalties. The only exception to this is digitally excluded businesses who may continue to use the online VAT account as done previously. Businesses filing annual VAT returns also have until 15 May 2023 before the online VAT account closes for them.
If you have not already signed up for MTD for VAT and would like some assistance, then please get in touch with your usual Dodd & Co contact.
