When Are Vat Payments Due? – Accountants In Croydon
August 22, 2022 ⚊ 1 Min read ⚊ Views 121 ⚊ BLOG
Businesses that file their VAT returns on a quarterly basis are required to make the payment of any outstanding VAT due one month and seven days after the end of each VAT period. For instance, if a VAT period ends on the 31st of March, then the due date for payment of the VAT obligation is the 7th of May. If, on the other hand, the company registered for the option to pay by direct debit, payments are typically taken three days after the deadline for filing the VAT return.
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Tags: Accountants in Croydon, accounting, VAT
