For UK VAT registered businesses that have a VAT payment due between 20th March 2020 and 30th June 2020, there are two options:
There is no interest or penalties on the deferred VAT.
VAT returns must continue to be prepared during the deferral period.
Direct Debits to pay the VAT should be cancelled if the deferral option is taken
By the publications team at: Contracts-Direct.com
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