Posted: December 14, 2017
Please take note: it’s not all about LOVE this Valentines Day!
HMRC have recently confirmed that from 14 February 2018 the current platform used to submit VAT Returns electronically, the Electronic Data Interchange (EDI) will be decommissioned and replaced with a new platform.
From that date, all electronic Returns must be submitted via the new platform.
Businesses that manually enter VAT Returns by logging into HMRC’s website using a Government Gateway ID and password will not be affected, albeit the login pages may look a bit differently and we suspect the additional security measure of requiring a code to be sent to a mobile will be mandatory. Those businesses that submit VAT Returns via their accounting software will need to ensure the software is compatible with the new platform. This may require businesses to apply or purchase an upgrade to maintain the ability to submit Returns electronically.
If you have any queries or concerns please contact our bookkeeping department on 01227 454627 or email email@example.com