UK VAT registered businesses who had a VAT payment due between 20 March 2020 and 30 June 2020 were allowed to defer the payment until a later date, without paying any interest or penalties. If you meet the criteria specified by HMRC , which includes being…
On 24 September 2020, the Chancellor announced that businesses who deferred VAT due from 20 March to 30 June 2020 will now have the option to pay in equal instalments up until the end of March 2022, interest free. We've updated our article in line with…
If you took advantage of the UK Government VAT deferral scheme, don't forget that VAT Returns with a payment due after 30 June must be submitted and paid as normal.
If you normally pay by Direct Debit, don't forget to reinstate your Direct Debit at…
UK VAT registered businesses who have a VAT payment due between 20 March 2020 and 30 June 2020 have the option to defer the payment until a later date, without paying any interest or penalties.
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