Insights & News

VAT and income tax deferrals to assist VAT-paying businesses and the self-employed during Covid-19 Outbreak

Inbrief

27 March 2020

As part of the sweeping financial package announced by the Government on 20 March 2020, the Government is offering VAT and income tax deferrals to assist with the cash-flow of VAT-paying businesses and the self-employed. These deferrals are expected to provide over £30bn of additional cash-flow to a wide variety of British businesses.