What is the deadline for submitting VAT returns with the tax authority?
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In the UK, the standard deadline for submitting a VAT return and making payment is one calendar month and seven days after the end of your accounting period.
How late can a VAT return be at HMRC?
This process lets HMRC know your total sales and purchases, and therefore the amount of VAT you owe, can reclaim, and the amount of any VAT refund from HMRC. The deadline for your VAT return is generally one calendar month and seven days after the end of a VAT reporting period.
What is the cut off time for VAT submission?
When to submit VAT returns and make payments. A vendor must submit VAT returns and make payment (or claim a refund) of VAT on or before the 25th day or the last business day of the month (if registered for eFiling) following the month in which the vendor's tax period ends.
What is the latest date to submit a VAT return?
Each VAT return must be submitted usually one calendar month and seven days after the end of the relevant quarter. For example, the VAT return from 1 January to 31 March 2025 must be filed with HMRC by 7 May 2025.
What is the deadline for VAT filing?
Not later than the 20th day following the close of the month. This return/declaration shall be filed in triplicate by the following taxpayers; A VAT-registered person; and. A person required to register as a VAT taxpayer but failed to register.
ADVANCE VAT RETURN from A to Z: Deadlines, Frequencies & Calculation
What is the due date for VAT return?
VAT Return Filing Due Date
30th Day after end of the Month if Vat Payable Less than Rs. 5000 and 40th Day after end of the Month if Vat Payable more than Rs. 5000. For Quarterly dealer 45 th Day after the end of the Quarter.
What is the extension date for 2025?
September 15, 2026 - Third quarter 2026 estimated tax payment due. October 15, 2026 - Deadline to file your extended 2025 tax return. If you chose to file an extension request on your tax return, this is the due date for filing your tax return.
When must VAT returns be submitted via Efiling?
Returns and payment of VAT
VAT payments must be made to SARS by the 25th day after the end of the tax period (or the last preceding business day). When using the e-filing and e-payment options, payment must be made by the last business day of the month.
Is there a deadline for tax returns in the UK?
File your returns on time: Preparing early helps you meet deadlines and avoid penalties, interest charges, underpaying or overpaying tax. For the 2024/25 tax year, submit paper or online tax returns by 31 October 2025 or 31 January 2026 , respectively.
What are common VAT mistakes to avoid?
Nine VAT Compliance Mistakes and How to Avoid Them
- Delaying VAT Registration. ...
- Misunderstanding VAT Obligations Across Jurisdictions. ...
- Incorrect VAT Rate Application. ...
- Overlooking Marketplace VAT Rules. ...
- Ignoring VAT on Imports. ...
- Poor Record Keeping. ...
- Not Using Simplified VAT Schemes. ...
- Failing to Monitor Thresholds.
What is the due date for VAT?
VAT is payable on 20th day of the following month of the business that is a due date of submitting the return.
What is the due date for a company tax return?
If you lodge the company tax return yourself, you need to check the due date. Generally, the lodgment and payment date for small companies is 28 February. If there are any prior year returns outstanding, the due date will be 31 October.
Is there a grace period for VAT?
0-15 days overdue: No penalty for late VAT payment is charged during this period. HMRC will typically send a reminder letter, and if the payment is settled in full by the end of day 15, no penalty will apply. This 15-day period functions as the primary VAT late filing grace period for payments.
What is the cut off time for VAT return?
Deadline: VAT returns and payments are due by the 25th day of the month following the end of the two-month tax period.
What is the penalty for not filing VAT return?
VAT returns must be filed must be filed within 28 days of the end of the relevant Tax Period. If a business fails to submit a VAT return within the stipulated timeline, it will incur a fine. Penalty: AED 1,000 for the first offence, and AED 2,000 for subsequent violations within 24 months.
What triggers an HMRC late filing penalty?
Late filing penalties are fines imposed by HMRC when a taxpayer fails to submit their self-assessment tax return by the deadline. These penalties can add up fast, so it's important to know how they work and how to avoid them.
Is there a deadline for your tax return?
When is the tax deadline for 2024/25? October 31 — that's a Friday.
What happens if you submit your tax return late in the UK?
If your tax return is late, you will be charged an automatic penalty of £100, even if you do not owe any tax. If the return has not been filed within three months of the deadline, a further daily penalty of £10 per day is charged. This goes up to a maximum of £900.
What are the new rules for HMRC October 2025?
If you have a PSA for 2024 to 2025, any tax and National Insurance must clear into HMRC's account by 22 October 2025 if paying electronically, and by 19 October 2025 if you pay by post. If your payment is received late, you may have to pay interest and a late payment penalty.
How late can you submit a VAT return?
What is the deadline for filing my VAT Return? The deadline for submitting your VAT return is usually one calendar month and seven days after the end of the accounting period. This includes the time for your payment to reach HMRC so enough time needs to be allowed.
Can I file my VAT return myself?
First, you'll need a VAT number and a VAT online account. Then, you can simply submit your return using HMRC's free online service. Alternatively, you can use your own commercial accounting software – such as Xero or QuickBooks – to submit your VAT return directly.
What is the maximum turnover before paying VAT?
You must register if either: your total taxable turnover for the last 12 months goes over £90,000 (the VAT threshold) you expect your taxable turnover to go over £90,000 in the next 30 days.
What is the last date for income tax return 2025?
Was the ITR last date extended to 15 September 2025 or 16 September 2025? Yes, the ITR due date was initially extended to 15th September, 2025. And it was later extended to 16th September, 2025, thereby making the return filing due date for FY 2024-25 16th September.
When can I file my taxes for 2025 in the UK?
HMRC must receive your paper tax return by 11:59pm on 31 October 2025 or you'll get a late filing penalty. You can send it any time on or after 6 April 2025 as long as HMRC receives it by the deadline.
What is the latest date for a tax extension?
More In File
If you need more time to file your taxes, request an extension by the April tax filing due date. This gives you until October 15 to file without penalties. Make sure you pay any tax you owe by the April filing date.