• Strength in Numbers Team

VAT Payments Deferral

In order to help businesses with their cash flow, the Chancellor announced a VAT payments deferral

This means, any VAT payments due between 20 March 2020 and 30 June 2020 can be deferred until 3‌1‌‌ March 2021.

This is automatically available but you should cancel your direct debit in sufficient time if you usually pay in this manner.

You must still submit VAT returns on time and VAT repayments will still be paid as normal.

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