How long does a business have to submit its VAT return online after the end of each quarter?

A business is required to submit its VAT return online within a specific timeframe to ensure compliance with tax regulations. For most businesses, this period is 1 month and 7 days after the end of each VAT quarter. This means that if a business's VAT accounting period ends on the last day of a quarter, it must file its VAT return by the 7th of the following month. This extension beyond the simple one-month timeframe allows businesses a bit more time to finalize and report their VAT figures accurately.

The correct answer reflects this requirement, highlighting the combination of the one-month period plus an additional seven days, which is crucial for businesses to manage their cash flow and ensure accuracy in reporting. Understanding this timeframe is vital for effective VAT management and compliance within the regulatory framework. The other choices do not align with the required deadline set for VAT returns, which is specifically defined as 1 month and 7 days after the end of each VAT quarter.