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Flat Rate VAT

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    Flat Rate VAT

    Proper Newbie question.

    Ive just started on the flat rate scheme - I cant find anything about when the first payment is due!

    Save me phoning HMRC - can anyone shed any light on it?

    Thanks

    #2
    The VAT payment will be determined by your first VAT quarter.

    This can be found on your VAT certificate, which if you have not had this in the post, you can obtain online from the government gateway.

    You will then have until the end of the month following the quarter end + 7 days to file and pay with HMRC (unless you have a DD set up and they will take this automatically).

    For example, if your quarter ends 30/09/2015, you will have until 07/11/2015 to make the submission/payment.

    Hope this helps

    Comment


      #3
      Originally posted by Louisa@InTouch View Post
      The VAT payment will be determined by your first VAT quarter.

      This can be found on your VAT certificate, which if you have not had this in the post, you can obtain online from the government gateway.

      You will then have until the end of the month following the quarter end + 7 days to file and pay with HMRC (unless you have a DD set up and they will take this automatically).

      For example, if your quarter ends 30/09/2015, you will have until 07/11/2015 to make the submission/payment.

      Hope this helps

      Excellent thanks!
      Dates are on the bottom of the certificate! I should have checked that, I'd been all over the rest of the portal looking for them!

      Thanks again!

      Comment


        #4
        You have an accountant?
        'CUK forum personality of 2011 - Winner - Yes really!!!!

        Comment

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