Dafferns

HMRC defers VAT payments

Friday 20 March: Chancellor Rishi Sunak announced that all VAT payments falling due in the period from 20 March 2020 to 30 June 2020 can be deferred.

Any VAT not paid during this period will be due to be paid to HMRC by the end of the 2020/21 financial year. VAT returns must continue to be filed as normal.

There is no application required to defer, it is an automatic measure.