Can Tax Agents help with deferred VAT?

Due to the COVID-19 pandemic, all VAT registered businesses had the option available for their VAT payments to be deferred automatically for amounts due in the periods from 20th March to 30th June 2020. No interest or penalties have been charged on that outstanding VAT debt, and businesses have been…

What happens now? After Brexit, transactions between VAT-registered businesses between the UK and EU countries will be treated as foreign transactions and reverse charge will not apply. Previously, the reverse charge was applied to all products and certain services between UK and EU businesses. Transactions between Northern Ireland and the…