VAT

The charge comes into effect from 1 March 2021.

The VAT deferral period ends on 30 June 2020.

COVID-19 restrictions trigger a five-month delay.

Direct debits should be cancelled before 7 May.

Rules for food and drink ‘overly complex’.

Businesses report extra costs and obligations.

1 October 2020 implementation planned.

Less than 42% of calls answered in May 2019.

Businesses urged to prioritise VAT payments.

No-deal complications could cause VAT refund delays.