UK – How to pay VAT due on time

As you will be aware, the UK Government’s VAT Deferral scheme has now ceased. This means that all payments in respect of UK VAT from 01 July 2020 will be required to be made by the relevant date.

If you previously paid your VAT by direct debit, it is essential that this is reinstated at least 3 days before the first payment due after 01 July 2020, so as to avoid Default Surcharges. 

For further information concerning VAT and Direct Debits, please visit the link below.

https://globalvatonline.pwc.com/ith/updates/2020/25/new-making-tax-digital-direct-debit-form-for-paying-vat-to-hmrc

If you have any questions, please do not hesitate to get in touch.

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