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VAT deferral – SD

“Businesses that deferred their VAT payments earlier this year will have the option of paying their balance in 11 monthly payments throughout the year to the end of March 2022 and will be charged no interest.

You must opt-in to use this new deferral system which is expected to be introduced in early 2021.”

Download our EQ app and keep up to date with tax news, changes and have access to our EQ Portal, tax calculators and key tax dates at your fingertips. Click on the relevant button on your device to download our free app.

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