- From November 2023, HMRC is eliminating the paper version of the VAT 1 Form for VAT registration in the UK.
- Approximately 95% of applicants currently use the online registration service.
- The removal of the paper form aims to improve processing time.
- Only a limited number of businesses will be able to use the Form VAT 1 from November.
- These businesses include those exempt from Making Tax Digital, businesses applying for a registration exception, businesses joining the agricultural flat rate scheme, overseas partnerships, and certain entities without a Unique Taxpayer Reference.
- The paper form will only be available upon specific request from the VAT Helpline.
Source: marcusward.co
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.