V5.103 VAT returns—time limits, information to be provided, misdeclarations and non-compliance
Time limit for submitting VAT returns
Regulations1 made under VATA 1994, s 25(1) and Sch 11, para 2(1), (7) define the time limits within which a return must be made. The prescribed time limits are set out below by reference to the events described below.
Extension to the prescribed time limits
HMRC may, by direction, vary the date on which a return is required2. Such a direction appears to have been given in the form of Notice 700/12/21 (February 2021), para 53, which states that:
'The deadline for submitting the return online and paying HMRC are usually the same - 1 calendar month and 7 days after the end of an accounting period.
You need to allow time for the payment to reach HMRC's account.
If you're sending us a paper return, it must reach us no later than the due date shown on your return.
Your payment should also reach us in time to clear our bank accounts by the same due date.
If you're using the VAT Annual Accounting Scheme, your due date is 2 months after the end of the VAT period. Your payment should also reach us in time to clear our bank accounts by the same due date.'
Thus, given that the majority of taxpayers are required to submit returns and make payment electronically (Online or telephone banking, BACS, Bank Giro Credit Transfer, CHAPS, Card payment, Direct Debit), the deadline for submission is normally (except in the case
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