The Isle of Man Treasury has announced the end of the deferral of VAT payments provided to help support businesses with their cash flow during the COVID-19 pandemic.
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The end of the VAT deferral period
Thursday, 9 July 2020
This news release is issued to draw attention to the end of the VAT deferral period.
VAT payments could only be automatically deferred if they were:
- quarterly and monthly VAT return payments for the periods ending in FEBRUARY 2020, MARCH 2020 and APRIL 2020;
- ann…