Making Tax Digital (MTD) – old VAT portal closes 1 November 2022

28.09.2022
Rob Geary
VAT
HMRC

HMRC have announced that they are closing the existing VAT online portal at the end of October 2022.

HMRC

From Tuesday 1 November 2022 all VAT registered businesses will no longer be able to use the existing VAT online portal to file their monthly or quarterly VAT returns.

VAT registered businesses will need to sign up for MTD and use compatible software to file their returns.

If you file VAT returns annually you will still be able to use your VAT online portal to file your VAT returns until 15 May 2023.

HMRC have advised that any VAT registered businesses that do not sign up for MTD and file their returns through a MTD compatible software will be hit with a default surcharge or late submission penalty and interest from January 2023.

Could you benefit from seeking further advice from a VAT consultant?

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