Coronavirus VAT Cashflow Update
Please click on the video below to listen to our latest VAT update of VAT ideas to help all types of organisations. The information is correct as of the 31 March 2020 and we will issue further recorded updates as things evolve. If it prompts any VAT or Environmental Tax questions for your organisation then do get in touch with your usual Centurion VAT Specialist or Mike Trotman if it’s an Environmental Taxes issue. If you use email@example.com then all of the team will see that and can ensure a response. Take care everyone.
Making VAT Digital Delay to be announced
HMRC are to confirm that the requirement to have digital links within VAT systems is to be delayed to the first VAT Return period starting on or after 1 April 2021. Businesses were to have had these in place by the 1st April 2020 or the 1st October 2020 so this is VERY welcome news.
For the avoidance of doubt, the content recorded in this news article does not constitute formal advice and we do not guarantee the accuracy of any information provided at the time of reading. It is always recommended that you should seek professional advice before acting on any of the news articles or information included.