- The deadline for submitting VAT returns and making payments is usually one month and seven days after the end of the VAT accounting period, which is typically three months long.
- Businesses under the payments on account regime should submit VAT returns one month after the accounting period ends, with interim payments due on the last working day of months two and three of each VAT return quarter.
- Annual accounting scheme users must submit their annual VAT return two months after the end of the accounting period, with monthly or quarterly payments based on the prior year’s return.
- All VAT returns must be submitted electronically, and payments should be made electronically as well.
- Late VAT returns may incur a points-based penalty regime for periods starting on or after 1 January 2023.
Source BDO
