VAT DIRECT DEBITS

For anyone who has cancelled their direct debits to utilise the VAT payment holiday between 7th April 2020 and 7th June 2020, HMRC have suggested that businesses do not restart their direct debits until after 31st March 2021.  This is due to the possibility of HMRC trying to collect the payment holiday balance via direct debit automatically.  In order to pay your upcoming VAT please pay HMRC via bank transfer.