HMRC has recently begun to email VAT registered traders who file their VAT return annually to remind them that the online VAT return will close from Monday 15 May 2023. From that date MTD for VAT must be used unless an exemption from MTD is available. Copies of the email communication to VAT registered traders are also being sent to agents. HMRC has also sent a reminder email to us and a template of the emails being sent.

From 15 May 2023, annual VAT filers must use MTD compatible software to file their return and VAT records must be kept in digital format unless a digital exclusion exemption is available which has been applied for and granted by HMRC.

Failure to file and pay on time may result in the new VAT late payment and filing penalties being charged.