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Covid VAT Deferral - Time To Pay

 

If you deferred VAT payments due between 20 March 2020 and 30 June 2020 you can:

 

  • pay the deferred VAT in full now, if you have not already done so; or

 

 

  • contact HMRC on 0800 024 1222 by 30 June 2021 if you need extra help to pay

 

You will be charged a 5% penalty or interest if you do not pay in full or make an arrangement to pay by 30 June 2021.

 

This information is provided free of charge and in good faith, without acceptance of any future liability arising from any action or in-action by any recipient or reader.Please feel free to share this information as widely as possible and encourage people, who might benefit from these updates, to register at www.asquithand.co.uk for future updates.

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