HMRC Update: Deferral of VAT payments due to Coronavirus
HMRC has released information for businesses due to make a VAT payment between 20th March 2020 and 30th June 2020. This is to help businesses manage their cash flow during this period.
What to do if you missed the MTD for VAT deadline
If you missed the 7th August MTD for VAT deadline you’re not alone. HMRC have reported that 76% of stagger one businesses (370,000 businesses) had signed up on time.