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Dave Liquorice[_3_] Dave Liquorice[_3_] is offline
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Default VAT payment deadlines & small traders. A warning. (Long)

On Sat, 26 May 2012 10:31:49 +0100, Robin wrote:

With electronic you get the extra days.


The lost interest on 20k @ 2% is hardly worth worrying about. If I've
got the maths right it's less than eight quid before tax. That's
assuming you have an instant access account that pays as much as
2%...

But you may still have to send the payment sooner if, eg, you are using
BACS rather than FastPay.


FastPay? NatWest closed that on the 15th July 2005.

--
Cheers
Dave.