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HomeFinanceVAT Claim submision

Finance

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VAT Claim submision
Asked by P Perera
Q: Hello there,

I submit my VAT reports quarterly. That costs me unnecessarily. I can remember when the VAT auditor came to see me first time he mentioned to me I could even claim it annually but not just quarterly. But my accountant has never mentioned this to me so I'm thinking if he is not giving me the right advice. Do you advice any one to submit VAT annually or quarterly ?


A: This answer is only available to London Chamber of Commerce members. If you are a member, please log in to the Members’ Zone by inserting your username and password into the blue panel on the left. If you are interested in membership, please click here to find out more about the benefits.
LCCI Disclaimer: The London Chamber of Commerce and Industry does not guarantee the accuracy of the information or quality of the advice given in the Business Advice Surgery and does not accept responsibility for errors, omissions or their consequences. The Business Advice Surgery is not a substitute for professional advice and neither the Chamber nor its employees accept any responsibility for loss or damage incurred as a result of acting or restraining from acting upon any advice given or omitted to be given in the Business Advice Surgery.

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