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The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Direct Debit for VAT - MTD
Post Info TOPIC: Direct Debit for VAT - MTD
Cheshire


Master Book-keeper

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Direct Debit for VAT - MTD
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Hi

Client did not have a D/D in place prior to moving to MTD.

VAT just filed this morning under MTD  for 31 August period end.

Client now wants to set up D/D

HMRC only contain instructions for moving D/D under MTD, and do not cover off if there was no D/D before.https://www.gov.uk/pay-vat/direct-debit   unless by its absence it reverts to old rules of 3 days prior?!!

Anyone had any experience of D/D being set up under MTD AFTER the return has been submitted to successfully include VAT payment for VAt return just submitted?  Or is this client going to be the ginuea pig?!

 



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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
johnhemming


Senior Member

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I think the timing is a little touch and go. It might work and it might not. Make sure you have sight of the liabilities on the MTD api. Not all MTD software does that.

What normally happens with DDs is that when the vat return is submitted HMRC's systems decided whether or not there is a DD and put that information into the electronic receipt. What I don't know is whether if you set up a DD for a liability that already exists HMRC's systems will take the DD.

The easiest way to find out is to try.


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Cheshire


Master Book-keeper

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Posts: 8646
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Hi John
Decided not to be the 'test it and find out' one this time. My client did have a D/D, cancelled it (!) and was late last period, so now into the realms of paying for being late again and it wont be a cheap one in their fees. He has taken my (strong) suggestion to pay BEFORE 7th. Will look to set the D/D after the VAT has gone through.

Unfortunately and bloody typically for a Monday, upon just getting the MTD submission confirmation my PC completely crashed so this conf lost (and not able to retrieve as the excel sheet wasnt saved with the info neither (Was using an excel add in for this one). I can however see that HMRC have received the VAt return as it is showing in this BTA.

Technology - great when it is are working.

Thanks for the comments.

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
johnhemming


Senior Member

Status: Offline
Posts: 151
Date:
Permalink  

I think that is the sensible way of doing it. HMRC are being more tolerant at the moment, but it is best not to take a chance really.

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