
Has your Direct Debit been cancelled between July and November 2021? HMRC have cancelled it because they do not have an email address for your business. If you want to pay using Direct Debit, you will need to set it up again using your Business Tax Account.
HMRC are now required to notify you in advance of any money being taken and email is the most efficient method to do this.
If you have a Direct Debit set up with HMRC to pay your VAT, you should have received a letter in the post notifying you of these changes.
Remember to give HMRC your email address along with your Direct Debit. If no email is used, HMRC will not collect your payment via Direct Debit and you could miss your VAT deadline. This could result in penalties.
Praddy Financial Consultancy Ltd
Chartered Management Accountants
3 Chiltern Court
Asheridge Road
Chesham
HP5 2PX
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