Glossary · 2026/27
What is a VAT return?
A VAT return reports the VAT a business has charged and the VAT it has paid over a period, usually a quarter, and the difference is paid to or reclaimed from HMRC. For 2026/27 a return and payment are normally due one calendar month and seven days after the end of the period. Registration is compulsory once taxable turnover passes £90,000 in a rolling 12 months.
Returns are submitted through Making Tax Digital-compatible software. Nella dates each quarter from the months the business tells it its quarters end, and shows the dates alongside the cash position; it does not file the return.
Sources
Related
Nella provides financial information and education, not accounting or tax advice.
See it on your own numbers
Nella works these figures out from your books every month. Free for 60 days, no card.
Start freeFAQ