Firms can pay equal consecutive monthly instalments from March 2021.
HMRC launches VAT deferral new payment scheme
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Firms can pay equal consecutive monthly instalments from March 2021.
Payments should be made by 1 April 2021 to avoid fine.
Report pushed back due to pandemic uncertainty.
New reforms to go ahead as planned on 6 April.
The grants are worth up to £2,000.
Repayments can be spread over ten years, rather than six.
The cash boost will be made available from 31 July 2021.
Fines to kick in after 28 February 2021.
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