CMB Partnership in Guildford
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December 2011/January 2012

Paper VAT Returns abolished

Businesses with a VAT exclusive turnover of under £100,000 that registered for VAT before 1 April 2010 have been able to complete paper VAT Returns to HMRC.

However for VAT periods beginning after 31 March 2012 they will be required to file their VAT Returns online and make electronic payments.

Businesses that are affected should register for VAT online services as soon as possible.