UK Contact Numbers Releases a video 'Filing VAT Returns, Things to Know'
UK Contact Numbers has released a video titled as 'Filing VAT Returns, Things to Know'. This video is created with the aim of providing guidance for Businesses to submit their VAT returns.
- (1888PressRelease) February 16, 2016 - London - Every proprietor needs to submit a VAT return to HMRC stating the total amount of sales and purchase, amount of the VAT owed and to be reclaimed. VAT returns are submitted every three months known as the accounting period. The things such as sales purchase and amount to be refunded from HMRC are included in the VAT return for that accounting period.
There is also a facility of email reminders that helps in submitting a VAT return before the due date.
The VAT return has to be submitted online peremptorily. However, there are few exceptions that allow a business to submit the VAT Return through the post. If the business is prohibited to computer use because of religious beliefs or a person cannot use the internet due to disability then you need to contact HMRC to find out the procedure such as paper filing and submission. The contact number is also provided in the video.
Submitting VAT Return Online
An online account and VAT number are needed for VAT Returns submission. You can register and sign up for an online account. The VAT number is sent to the email address that you register with. After receiving the VAT number, you can log in to your account and complete the online procedure of submitting the VAT Return. It also informs about the deadlines for the submission. In a case of any fraudulent and negligible action, HMRC can levy a penalty on the business.
HMRC has lists of Softwares that can be used for online submission and many other types of accounting software allow submitting the Return to HMRC directly. There is also an option of appointing an authorized agent who can deal with HMRC on your behalf.
A final VAT return has to be submitted in case you are cancelling the VAT registration.
In the case of any queries, you can contact VAT online Services helpdesk using UK Contact Numbers.
About UK-contact-numbers: UK contact numbers is a UK based online directory and routing service that lists telephone numbers for the main contact centers in the UK. It curtails down the gadfly procedure for reaching the customer care teams of the varied departments; enabling the users to find numbers of major government departments, service providers, and companies facilely. The callers get directed to right customer service agents at the very first attempt.
Contact: http://www.uk-contact-numbers.com/vat-helpline/
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