23 Feb Coronavirus Financial Assistance – 23.2.21
VAT Deferral New Payment Scheme
The new scheme can be used by businesses that deferred VAT payments between March and June 2020. They will be able to spread their payments with 2 to 11 equal monthly instalments, interest free. Businesses will need to opt-in to the VAT deferral scheme through the online service which is open from today (23rd Feb) to the 21st June 2021. The earlier businesses opt-in, the more instalments are available to help spread the cost.
Further information about the VAT Deferral Payment Scheme and the link to opt-in can be found here.
As the DHCO offices are now closed due to the new lockdown restrictions, please get in touch with your main contact if you need to send us any documents or information relating to tax return etc.
As always, please do not hesitate to get in touch by emailing firstname.lastname@example.org if you need any assistance.