VAT liabilities deferred under the UK government’s VAT deferral scheme (the Covid-19 measure introduced last year) must be paid in full by 31 March 2021 unless taxpayers opt in to pay the deferred liability by instalments.
Source: saffery.com
Latest Posts in "United Kingdom"
- Property TOGCs Under the Microscope: Navigating VAT Conditions and HMRC Expectations
- Fintua Sponsors Indirect Taxes Annual Conference 2025 in London (Nov 12)
- VAT Hike Would Cause Biggest Economic Damage, Leading Economists Warn Chancellor
- HMRC Clarifies VAT Treatment of Overage Payments on Land Sales
- VAT Error Correction: Amending Returns, Claiming Refunds, and Avoiding Penalties