To help businesses manage their cash flow, HMRC have made temporary changes to the VAT payments due between 20 March 2020 and 30 June 2020.
If you’re a UK VAT registered business and have a VAT payment due between 20 March 2020 and 30 June 2020, you have the option to:
- defer the payment until a later date
- pay the VAT due as normal
HMRC will not charge interest or penalties on any amount deferred.
For further information use the following link:
https://www.gov.uk/guidance/deferral-of-vat-payments-due-to-coronavirus-covid-19
If you require any further information regarding funding, please contact
Alison Clark
Covid-19 Response Coordinator
Tiree Community Development Trust
T: 07741 489 959
Deferral of VAT payments due to coronavirus
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