Many businesses find themselves struggling after the COVID-19 outbreak.
Do you experience similar problems?
These articles will summarise the measures the UK Government has taken to support businesses.
Support for businesses through deferring VAT payments
The VAT payments have been deferred for 3 months.
How does it help?
By deferring the VAT payment your business can retain necessary cashflow to manage through these difficult times.
When will I have to pay?
The deferral will apply from 20 March 2020 until 30 June 2020.
Who will be eligible?
All UK businesses are eligible.
How to apply?
This is an automatic offer with no applications required. Businesses will not need to make a VAT payment during this period. VAT refunds and reclaims will be paid by the government as normal.