Covid-19 VAT deferment policy costs HMRC £14bn in a month

The government’s policy of allowing businesses to defer their VAT payments until next year has already cost HMRC £14bn in a single month, according to accountancy group UHY Hacker Young.
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The government’s policy of allowing businesses to defer their VAT payments until next year has already cost HMRC £14bn in a single month, according to accountancy group UHY Hacker Young.