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  • UK VAT Early Settlement Discount or PPD New Rules

    UK VAT Early Settlement Discount or PPD New Rules

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    by

    Quentin Pain
    in ,

    Understanding UK VAT Early Settlement Discount (Prompt Payment Discount) Rules This article, last checked and updated July 2025 (see this), explores the rules around VAT and early settlement discounts, also known as prompt payment discounts (PPD), in the UK. The approach to VAT on early payment discounts changed significantly from 1st April 2015. Below, you’ll…