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Insider March 2021

OPT-IN TO VAT DEFERRAL NEW PAYMENT SCHEME BY 31 MARCH 2021

Businesses that deferred paying VAT between 20 March 2020 and 30 June 2020 do not need to pay the full amounts by the end of this month.

VAT-registered firms were not required to make VAT payments during this deferral period, and initially had until 31 March 2021 to pay any liabilities.

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