HMRC has launched a “Super Podcast”, alerting businesses to four significant
changes looming on the horizon.
The free audio broadcast firstly reminds business of changes from 1 April
2010, which mean VAT-registered traders with annual turnovers of £100,000 or
more (excluding VAT) will have to file their VAT returns online and pay their
HMRC also emphasises that all businesses registering for VAT from April will
have to file their returns online and pay electronically.
The Super Podcast, featuring HMRC experts Stephen Banyard, director of the
Business Customer Unit and Don Macarthur, also covers three other key areas: the
need for all employers to file their Employer Annual Returns online from this
spring; new penalties for late payment of PAYE being introduced in May; and key
changes to corporation tax filing and payment coming in next year.
Banyard said:”Our Super Podcast is a great way for businesses to remind
themselves about some of the major changes on the horizon affecting VAT, PAYE
and corporation tax.
“So whether you’re a VAT-registered trader, employer or limited company, we’d
urge you to take 15 minutes to download and listen to it, to help ensure you’re
prepared for the changes.”
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