Three simple steps to file your VAT return online with Bistecca
To file your VAT return online, you need to register with HMRC’s online services. Simply go to their website and log in. You will need certain information, such as your VAT number and the zip code of your company’s registered office. Follow the instructions and provide all the requested information. At this stage, you can also request to receive an email reminder to let you know when your return is due. These reminders are free and help you avoid penalties for late VAT Return Filing Services In UAE.
Once you have registered, you can start filing VAT returns without waiting for the activation PIN. The activation PIN will be sent to your mailing address. However, the activation PIN is important for other functions, such as updating VAT registration information.
so, when you receive it, you should use it as soon as possible because it can only be used for 30 days (at the time this article was written, that was the correct time). If you do not use it within 30 days, you will need to request a new activation code.
You will need an accounting program to send the data directly to HMRC. There are several such programs available today. You can try a package for free for a short time to see if you like it and if it suits your small business. You can find a list of all the current systems that offer this facility on HMRC’s website.
If you already have a small business accounting package and have provided all the relevant information, you should be ready to submit your VAT return online from the package when the time comes. It should be very easy, with just a few clicks. To be on the safe side, print all reports immediately before and immediately after. Back up the data immediately before and immediately after if you want to check the numbers later.
Once you have filed your return, you should receive a unique reference number for your return. You should immediately print this number and this information, as well as any other information HMRC has sent you, so that you have a physical document of your VAT return and all the information you have received from HMRC. You can view your VAT return for the last 15 months and the amount you owe online, but it is important that you print the information as you will always need a physical document.
If you submit your VAT return late, you will be penalized, so you must adhere to the deadlines set by HMRC. This is where the free email reminders you are subscribed to come in handy: HMRC will send you a reminder when you need to file your VAT return.
In short, most VAT returns now need to be submitted to HMRC online. It may sound daunting, but basically all you need to do is register with HMRC, create your accounting transactions in an accounting software program that allows you to send your data to HMRC and then send it to the taxman when it is due, even when it is payable.
The software, available at the following link, has a free trial period, HMRC have approved the online application and you can file your VAT online directly from the software with the greatest ease and confidence: bestaxca.com.