Government guidance has been updated to advise customers to cancel VAT Direct Debits.
Please note: This applies to all businesses that are entitled to payment deferral. If the direct debit is not cancelled, HMRC will still take payment after the VAT return is filed. For more information, please click here.
The information provided in this blog is for general informational purposes only and should not be considered professional advice. As far as we are aware, the content is accurate at time of publication.
Torgersens assumes no responsibility for errors or omissions in the content or for any actions taken based on the information provided.
About the Author
Martin Johnson
Partner
With expertise in advising family-owned companies on a range of tax, accountancy and business issues, Martin also has an in-depth knowledge of the automotive and property sectors. In addition, he provides advice on inheritance tax planning and financial management to owner-managed businesses.
Martin leads the firm in developing its expertise in the buy-to-let sector, advising both residential and commercial property owners on relevant tax and legislation issues.
A further element to Martin’s role is to build Torgersens’ relationships with banks, financial advisors and specialists in commercial and employment law to ensure that the firm’s clients have access to market-leading guidance.
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