Category: VAT

Online service opens for VAT deferral scheme

Posted on March 18, 2021 | VAT
HMRC has announced that businesses that deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay it …

Domestic VAT reverse charge comes into effect on 1 March

Posted on March 10, 2021 | Legislation Changes | Tax | VAT
The twice-delayed introduction of the domestic VAT reverse charge for construction services came into effect on 1 March 2021. The change was originally scheduled to come …

Sunak set out Budget to protect businesses

Chancellor Rishi Sunak set out a Budget to protect businesses through the pandemic, fix the public finances and begin building the future economy. The Chancellor once …

VAT Deferral

Posted on January 22, 2021 | Tax | VAT
HMRC has issued some guidance to taxpayers that deferred their VAT payments between 20 March and 30 June 2020 and still have payments to make. HMRC …