If you feel your interim payments to HMRC under the Annual Accounting Scheme are incorrect, you can request these to be re-assessed by HMRC by writing to the address below:
BT VAT
HM Revenue and Customs
BX9 1WR
We have provided some suggested wording below:
Dear Sir/Madame
I am writing to you in regard to the business below and it’s registration under the Annual Accounting Scheme:
Business Name – xxxxxxx
VAT Number – xxxxxxx
Register Address – xxxxxxx
Our taxable turnover has reduced so the current interim payments to HMRC are overstated. Please can you reassess these payments based on revised revenue below:
New Estimated Taxable Turnover for the next 12 months – xxxxxxx
Your faithfully
xxxTax Payer Name xxxx
xxxTax Payer Postion in Business xxxx
Note – your interim payments to HMRC cannot be reduced by less than 10%.
Alternatively, you can write to HMRC at the address below to ask if you can leave the VAT Annual Accounting Scheme to join another scheme:
BT VAT
HM Revenue and Customs
BX9 1WR
