- HMRC has issued new guidance for VAT return submissions for businesses exempt from MTD for VAT
- Businesses exempt from MTD for VAT must follow specific submission methods based on their exemption reason
- Businesses with an exemption must use either paper or online returns as directed in HMRC’s exemption confirmation letter
- Businesses under insolvency procedures must submit paper returns unless they have a Company Voluntary Arrangement or Individual Voluntary Arrangement, allowing them to choose between paper or online submissions
- Final VAT returns after deregistration must be submitted via the online account since MTD software is not applicable post-deregistration
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
