VAT: Coronavirus

(asked on 14th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions has he had with HMRC on not categorising VAT repayments made by businesses under the VAT deferment scheme as a debt.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 20th January 2021

HMRC have ringfenced deferred VAT in order to allow VAT repayments to continue to be made to businesses with outstanding VAT as part of the VAT Deferral Scheme.

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