UK’s COVID-19 VAT Payment Deferral Scheme Ends
HM Revenue and Customs (HMRC) has released guidance for businesses following the end of the VAT payments deferral scheme on June 30, 2020. The guidance advises those UK VAT-registered businesses that deferred VAT payments between March 20 and June 30, 2020, that they must now: set-up cancelled Direct Debits in enough time for HMRC to …