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One of the first tax easements for businesses affected by the coronavirus pandemic was the option to defer VAT payments due between 20 March 2020 to 30 June 2020. The VAT was originally deferred until 31 March 2021, but a further deferral was announced giving businesses...
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Making Tax Digital (MTD) for VAT has been with us for some time now but not all voluntary registered businesses currently file their returns under the new regime. While MTD for VAT will be mandatory for all VAT registered traders from 2022, changes in 2021 will affect VAT re...
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