Help Centre · VAT · 2 min read

Liabilities, payments and the quarterly cycle

Track what HMRC says you owe and have paid, and settle into the quarterly routine.

Submitting is half the story — HMRC also reports back what each return means in money: the charges it raised and the payments it has received. The Liabilities and Payments tabs on the VAT Returns screen keep that picture next to your returns, and the dashboard keeps the next deadline in front of you.

Liabilities: what HMRC says you owe

The Liabilities tab lists each charge HMRC has raised — typically a VAT Return Debit Charge per submitted quarter — with its period, due date, the Original Amount and the Outstanding Amount still unpaid. When the outstanding amount reaches zero, that quarter is settled; anything outstanding also surfaces on your dashboard card as an amount due to HMRC.

The Liabilities tab showing a VAT return debit charge with original and outstanding amounts

Payments: what HMRC has received

The Payments tab mirrors it from the other side — the payments HMRC has matched to your VAT account and the date each was received. Liabilities and payments refresh from HMRC alongside your periods, so allow a little time after paying before expecting it to appear.

The Payments tab listing payments HMRC has received with dates and amounts

The quarterly rhythm

After your first cycle the routine is pleasantly dull: a new open period appears by itself after each quarter ends, the dashboard VAT card shows it with its file-by date (one calendar month and seven days after the period ends), and you upload, check and send as in the last two articles. If a period you expect is missing, Refresh data on the VAT Returns screen re-pulls everything from HMRC.

What it costs

VAT submissions are free for the first year from your first live return. After that it's a small yearly subscription — you'll be prompted in the app when the free year ends, and current prices are on the pricing page.

That's the full VAT journey. Start again from VAT: getting started, or browse the rest of the Help Centre.

The short version

Liabilities, payments and the quarterly cycle — in brief

The Liabilities tab lists the charges HMRC raised per quarter with the amount still outstanding; the Payments tab lists what HMRC has received.

New open periods appear by themselves each quarter with a file-by date of one month and seven days after the period ends.

VAT is free for your first year from the first live submission, then a small yearly subscription.