COVID-19 - WINTER ECONOMY PLAN - DEFERRAL OF VAT BILLS

DEFERRAL OF VAT BILLS

Up to half a million businesses who deferred their VAT bills will be given more breathing space through the New Payment Scheme, which gives them the option to pay back in smaller instalments.

Rather than paying a lump sum in full at the end of March next year, they will be able to make eleven smaller interest-free payments during the 2021-22 financial year.

Take care.

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