VAT Returns

You usually submit a VAT Return to HM Revenue and Customs (HMRC) every 3 months. This period of time is known as your ‘accounting period.’

The VAT Return records things for the accounting period like:

your total sales and purchases
the amount of VAT you owe
the amount of VAT you can reclaim
what your VAT refund from HMRC is
You must submit a VAT Return even if you have no VAT to pay or reclaim.

Final VAT Returns
You have to submit a final VAT Return when you cancel your VAT registration.

HMRC will send you a paper version to complete if your registration is cancelled because you’re insolvent.

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