COVID-19: more details on deferring VAT payments

HMRC has published guidance on deferring VAT payments due to COVID-19.

This new guidance provides the following clarifications:

  • The deferral does not cover VAT MOSS payments which should be made in the usual way
  •  Deferred VAT payments must be paid by 31 March 2021

Full details are available in the Tax Faculty article COVID-19 VAT and self assessment payment deferral which has been updated.

Further support from ICAEW on the coronavirus outbreak