MTD VAT Deadline

MTD VAT Deadline

What is the MTD VAT Deadline? Most businesses are now aware that MTD applies from 1 April 2019 but when should you register? Could you leave it until late September?

MTD VAT Deadline Summary Table

Below is a summary of the dates for reporting quarterly VAT returns with payments made by Direct Debit.

VAT QuarterDigital RecordsSign up StartsSign up EndsFile VAT Return
Q/E JuneFrom 1 AprilFrom 15 May30 July7 August
Q/E JulyFrom 1 MayFrom 17 June29 August7 September
Q/E AugustFrom 1 JuneFrom 15 July27 September7 October

MTD VAT Deadline Sign up start dates

The sign up start date assumes that the business only wishes to sign up when it is mandatory. A business could sign up to file the Q/E May VAT Return via MTD. This would be joining the pilot scheme which has been available to join for all businesses since January 2019.

The sign up date also assumes that a Direct Debit is in place to pay the VAT liability for the final non-MTD VAT return. When a Direct Debit is in place the business must wait at least 7 working days after the final non-MTD submission date.

For example the VAT return which precedes the Q/E August is the Q/E May return. This is due to be filed by 7th July, which is the final non-MTD submission date. 7 working days after this is the 15th July.

MTD Sign up end dates

The end dates are the latest MTD VAT deadline. Businesses must sign up 7 working days in advance if they have a Direct Debit in place.

MTD VAT Deadline recommendation

We strongly recommend that you don’t leave the MTD VAT Registration to the last minute. There are still thousands and thousands of businesses which are yet to register and they all must do it by the deadlines stated above. The HMRC helplines will be inundated with calls so you’ll struggle to contact them if you have any problems.

See our step by step guide on how to register for MTD VAT. It takes 5 minutes to complete the process.

We also recommend that you file your VAT return early. You may assume that once you’ve registered for MTD and set up the software that the MTD process will just work. On the 7th August there will be thousands of businesses trying to file an MTD VAT return for the first time and quite a few will go wrong. Try to file the MTD VAT return 1 to 2 weeks before the filing deadline, that way any problems can be addressed easily with HMRC.

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