I have a client builder limited company who has not filed the last three VAT returns and the fourth one is due shortly
They are just paying the HMRC VAT estimates based on the advice taken by his builder mates who do the same thing. Hence I guess why HMRC wanted to introduce the reverse charge for the construction iindustry and shame it was delayed by one year.
There is 20K VAT due by the end of the fourth VAT return.
Should a SAR be filed ? Probably will end up resigning anyway.