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Tuesday
Apr272010

Upcoming Events Shed Light On New Online VAT Registration Service

The 1st April was a big day for any UK business who is about to register for VAT for the first time.  It was also a day to mark down on the calendar for those bringing in £100,000 or more each year.  The new requirements laid down by HMRC require returns and payments to be sent to them online only.

Personally I believe many companies now pay online anyway.  The same applies to the registration process.  But I was intrigued to see what HMRC would do to make the process easier to understand for those people who are not naturally inclined to use computers in their work life.

To that end I was pleased to see the HMRC website offering details of various events being planned to help those concerned understand the new changes.  At the time of writing five of these events had already taken place – three in the West Country, one in Kent and one in Winchester.  Future events are due to take place in Lancashire, Reading and Southampton among other venues.

There is no information on whether there will be more events planned for the future, but I think those who attend will benefit from doing so.  Many business and company owners that I come into contact with are nervous about the thought of registering for VAT for the first time. Anything that HMRC can do to make this process easier for business owners can only be a good thing.

Regardless of whether you attend one of these events or not, you can always contact StMatthew for advice concerning all matters pertaining to VAT.

 



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