The following businesses will have to file their VAT Returns online and pay any VAT due electronically, for periods that start on or after 1 April 2010:
• VAT registered businesses with a VAT exclusive turnover of £100,000 or more
• All businesses newly registering for VAT on or after 1 April 2010, irrespective of turnover
HMRC will calculate the turnover based on the VAT Returns filed in the 12 months prior to 2010.
