VAT

HMRC launches VAT deferral new payment scheme

25 Feb 21

Firms can pay equal consecutive monthly instalments from March 2021.

22 Feb 21

Report pushed back due to pandemic uncertainty.

16 Feb 21

The charge comes into effect from 1 March 2021.

15 Jul 20

Standard rate temporarily falls from 20% to 5%.

13 Jul 20

More than 95% of tax owed in 2018/19 was collected.