17/07/2020 REMINDER: Firms Urged to Reinstate VAT Direct Debits

If you are a UK business and have taken the option to defer your VAT payment, you must remember to reinstate your direct debit to pay your next VAT bill on time in order to avoid incurring a fine. The VAT payments deferral scheme ended on 30 June 2020.

☑ Re-establish your cancelled direct debits as soon as possible and in enough time for HMRC to take VAT payments.
☑ Submit your VAT returns are submitted as normal going forward.
☑ Pay the VAT in full on any payments due after 30 June 2020.

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