The Isle of Man government has announced an optional deferral of VAT payments due between 23 March and 30 June 2020, which will need to be paid by 31 March 2021. Returns are still required.
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Coronavirus – VAT deferred payments
During a Press Conference at 10 am on 23 March 2020, the Treasury Minister announced the following measures in relation to VAT payments.
To assist businesses struggling with cash flow we are offering the option to defer VAT payments due between now and the end …