Good afternoon, if I switch to monthly VAT reporting as a result of the Domestic Reverse Charge implementation from 1/3/21, what happens to my existing open VAT return?
Thank you, that sounds simple. So, it currently shows Jan - March as my quarterly period. If I change to monthly from 1st March will I then have to file Jan to end of Feb at the end of March, and each subsequent month thereafter? Or do I need to keep it as quarterly until the end of the current period?
Sorry, we've been quarterly since 2003 so not used to things changing!