Linking your HMRC account with our system allows us to monitor your VAT submissions continuously so that we can release your funds as soon as HMRC verifies the return.
When you sign up, Adsum will change the VAT repayment bank account for your HMRC account. This allows us to provide you with InstantVAT and then collect the refund directly from HMRC, ensuring a smooth and efficient payment process.
We understand linking your HMRC account might feel like a big step, but here’s how it benefits you.
- Faster refunds - with your account connected, InstantVAT saves you on average 47 days of HMRC each year - boosting your business's cash flow.
- Real-time updates - stay informed on your refund status directly in the app.
- Secure and standard - this is a secure, standard process designed to work smoothly with HMRC.