Get Complete Information About UK VAT Payment Deadlines

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Get Complete Information About UK VAT Payment
Deadlines

• Unicorn Accountants
• 02080640454
• www.unicornaccountants.co.uk
• 5 Merchant Square London W2 1AYdream_at_unicornacco
  untants.co.uk

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Undertsanding VAT Deadlines

• Businesses must understand and adhere to the VAT
  payment deadlines, as doing so guarantees
  regulatory compliance.
• Complying with regulations and avoiding penalties
  or fines depend on timely and accurate VAT
  returns.

Frequency of VAT Returns

• On request, once a month for traders who receive
  regular repayments. Should the amount owed exceed
  GBP 2.3 million
• Quarterly Standard reporting frequency
• Annually Upon request, if the amount owed is
  less than 1.35 million

Blog Source - Know All About VAT Payment Deadline
in the UK
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VAT Payment Deadline

• 7th day of the second month following the time of
  reporting
•  The deadline for paying the VAT is moved to the
  following working day if it falls on a Sunday.
• You have to pay your VAT bill in advance (either
  monthly or quarterly) throughout your accounting
  period, and you have to pay the remaining amount
  when you file your VAT return.

The Amount of VAT Due by Each Deadline

• For monthly VAT payments, the payment has to be
  10 of your estimated VAT bill
• For quarterly VAT payments, the payment has to be
  25 of your estimated VAT bill

Blog Source - Know All About VAT Payment Deadline
in the UK
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Conclusion
Unicorn Accountants, leading accountants London,
and a reliable business partner, guarantees
complete VAT-related services in addition to
prompt VAT payments made in accordance with
deadlines. We can handle comprehensive paperwork
and precise computations for you and your company.
Blog Source - Know All About VAT Payment Deadline
in the UK
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THANK YOU!

Unicorn Accountants
dream_at_unicornaccountants.co.uk
02080640454
www.unicornaccountants.co.uk
5 Merchant Square London W2 1AY - United Kingdom
Blog Source - Know All About VAT Payment Deadline
in the UK