United Kingdom · Question · Written question
UIN 142029
VAT
Introduced
22 January 2021
Last action
27 January 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
27 January 2021
Summary
To ask the Chancellor of the Exchequer, what estimate his Department has made of the value of deferred VAT payments under the Deferral Scheme for VAT that will become payable on or after 1 December 2020.
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Timeline
22 January 2021
Written question
To ask the Chancellor of the Exchequer, what estimate his Department has made of the value of deferred VAT payments under the Deferral Scheme for VAT that will become payable on or after 1 December 2020.
Source: Commons
27 January 2021
Answer
Approximately £34bn of the VAT that was due between 20 March and 30 June 2020 was deferred until 31 March 2021. Some businesses have started to pay deferred VAT ahead of 31 March 2021 but most of the £34bn remains outstanding. Businesses can pay deferred ...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-01-22/142029
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1279637
- uk · wq-1279637 · source updated 27 January 2021