How to Pay VAT in the UK
Howto Pay VAT in the UK Whether you are a sole trader or limited company new startup or an early-stage business and have just recently registered for v80 in the UK. One of the questions on your mind may be how do you actually pay your business vat bill. We will explain when do you need to pay your vat options as to how to pay your vat how to set up a direct debit for that with HMRC. When do you need to pay VAT? So, let's explain the when question using a common example Mr. p runs a business in the UK. And is v80 registered on the standard scheme of his business? Business's VAT quarters are January to march, April to June, July to September, and October to December. All of which runs from the beginning to the end of the calendar months. So, from the first January to the 31st of March quarter. Mr. p's vat return needs to be completed and submitted by the 7th of my latest. So, for every quarter a vat return is due to be completed. Submitted to HMRC within one m