Commentary

PN/21/00 Get an extra week to pay your VAT

Part V16 Forms and other HMRC material

PN/21/00 Get an extra week to pay your VAT

PN/21/00 Get an extra week to pay your VAT

Press Notice 21/00. 23 May 2000

Businesses paying their VAT electronically from 31 May can improve their cash flow because they will have an extra week to submit and pay their VAT returns.

Announcing the new electronic payment concession Paymaster General Dawn Primarolo said—

“Electronic payment means businesses improve their cash flow because they can time payment precisely, thus aiding their financial planning. There is greater certainty that payments are made on time, reducing possible liability to penalties, and credit transfer is a more secure method of payment.

This is part of the wider Government

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