- HMRC is seeing more late VAT return submissions when the due date falls on a weekend or bank holiday.
- Misinformation from third-party websites and AI summaries is causing confusion, incorrectly stating that returns can be submitted on the next working day.
- HMRC clarifies that VAT returns and payments must be submitted by the due date or the last working day before, not after weekends or holidays.
- HMRC will address this issue in their next Agent Update.
- CIOT recommends HMRC update their guidance to clarify the correct submission rules.
Source: taxscape.deloitte.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.
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