VATupdate

Share this post on

COVID-19: support for businesses incl. deferral of VAT payments

For VAT, the deferral will apply from 20 March 2020 until 30 June 2020.

Eligibility

All UK businesses are eligible.

How to access the scheme

This is an automatic offer with no applications required. Businesses will not need to make a VAT payment during this period. Taxpayers will be given until the end of the 2020 to 2021 tax year to pay any liabilities that have accumulated during the deferral period. VAT refunds and reclaims will be paid by the government as normal.

 

Source Gov.uk

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com