Deferring VAT payments COVID-19

Deferring VAT payments COVID-19

The Government will support businesses by deferring Valued Added Tax (VAT) payments for 3 months.

 

  • VAT Dererral COVID-19 - For VAT, the deferral will apply from 20 March 2020 until 30 June 2020

 

  • Eligibility for COVID-19 VAT Dererral - 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.

 

 


Date available: 20 March 2020 until 30 June 2020

Application process: Automatic offer - no applications required

 

 

Author of this COVID-19 Business Support Hub Article

East Midland Chamber Derbyshire, Nottinghamshire, Leicestershire

Whatever the sector, shape or size of your organisation, our primary focus is to help you thrive. At the Heart of East Midlands Business News and Events.

More About East Midlands Chamber

 

East Midland Chamber

Helping your business grow – the Chamber connects you to funding, skills, new people, expert help and provides a platform where you and your business can flourish.

Connecting you and your business – the Chamber helps you access hundreds of opportunities to meet and connect with businesses in the East Midlands every year.

Providing access to skills – the Chamber can provide you with expert analysis of your current situation, connect you with fully- or partially-subsidised training or even introduce you to new talent.

Reaching and influencing the right person – the Chamber is an authoritative body which has the status and mandate to ensure your voice is heard by the right people.

International expertise – the Chamber’s award-winning International Trade team can help enable businesses at all stages of the export journey - from start-ups to multinationals - to be successful in overseas markets.

 

How to get in touch with East Midlands Chamber

www.emc-dnl.co.uk

 

COVID-19 Business Support Hub

These are challenging times for business and although our ethos is to only shout about good news, we've created COVID-19 Business Support Hub on the Love Business the website to support you with expert tips, advice and ideas from your fellow businesses to help you get through this COVID-19 crisis. 
 

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