Online VAT filing changes confirmed

HMRC has confirmed that from 1 April 2012, all VAT-registered businesses will have to send their VAT returns online and pay their VAT electronically.

Currently only newly registered businesses or those with a turnover of more than £100,000 have to file and pay their VAT online.

Because of the pending changes, HMRC is recommending that businesses switch to online now to avoid the last minute rush.

The changes were announced in the draft clauses of the Finance Bill 2012, and follow a consultation.

We can register to file and pay your VAT online on your behalf, please contact us to find out more.

Budget Report 2012

This Report, written immediately after the Chancellor of the Exchequer delivered his Budget Speech, provides an overview of the announcements most likely to affect you and your business.

HMRC Announcement

HM Revenue and Customs (HMRC) has recently announced that it will stop sending copies of certain documents to taxpayers’ agents and advisers as part of a cost-cutting exercise.

INSIDER News

Welcome to INSIDER the Gibson Hewitt monthly news letter. Our aim is to keep you fully informed about on hot topics that matter to you.

The Active Business Series

Welcome to The Active Business Series, from Gibson Hewitt.