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Tip of the Week – 24/05/2021

Deferred VAT Payments

If you deferred VAT payments last year then you only have one month left to join the VAT Deferral New Payment Scheme. The online portal for the scheme closes on 21 June 2021.

The scheme allows those businesses who chose to defer VAT payments as a result of the impacts of COVID-19 to spread their payments across up to eight equal monthly instalments, interest-free.

If you need help or to find out more, you know where to find us.

www.thelongpartnership.co.uk

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