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COVID-19: reminder to businesses paying VAT by Direct Debit

  • GB
  • June 22nd 2020
  • By Mark Cranwell

During the COVID-19 outbreak, many businesses have benefited by deferring their VAT payments falling due between 23 March and 30 June 2020. Those which normally paid by Direct Debit (DD) had to cancel their DDs in order to prevent the tax authority, HMRC, collecting the VAT. The deferral period is due to end on 30 June, therefore businesses which have cancelled their DDs will have to ensure that they are reinstated by the due date for payment.

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