As previously mentioned in our news, From 1 April 2010 you will have to submit your VAT Returns online and pay any VAT due electronically if either of the following applies:

• you have an annual turnover of £100,000 or more (exclusive of VAT)
• you register or should have registered for VAT on or after 1 April 2010 (regardless of your turnover)

If you fall into either of the groups mentioned above, you will have to file all your VAT Returns online (including nil and repayment returns) even if your turnover drops below £100,000 in the future.

JPS Have been testing the system for several months, filing our practice online. HMRC have made several errors to date, including not taking payment by DD as instructed. We have informed them of the errors and hopefully all our clients will have no problems when we roll it out later this month.