Commentary

V1.401 Coronavirus (COVID-19)—overview

Part V1 General principles and rates of tax

V1.401 Coronavirus (COVID-19)—overview

Coronavirus (COVID-19)—implications for VAT

V1.401 Coronavirus (COVID-19)—overview

This paragraph provides an overview of the ways that VAT has been impacted by the coronavirus (COVID-19) outbreak.

A number of different VAT measures and other consequences have been prompted by the outbreak. The measures and areas affected are set out in the table below, along with links to more detailed commentary:

Measure/area affectedDescriptionParagraph
A deferral of VAT paymentsThe Government implemented a deferral of VAT payments falling due between 20 March 2020 and 30 June 2020 until 31 March 2021 and a 'new payment scheme' allowing payments

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