VAT Deferred Due to Coronavirus – Payment Due by 31 March 2021 or Join the VAT Deferral Payment Scheme
Businesses who deferred their VAT payments between 20 March and 30 June 2020 can either make the payment by 31 March 2021 or join the VAT deferral new payment scheme.
The VAT deferral new payment scheme is open up to and including 21 June 2021.
The new scheme lets you:
- pay your deferred VAT in equal instalments, interest free
- choose the number of instalments, from 2 to 11 (depending on when you join)
For Government Guidance, including how to pay your deferred VAT bill by 31 March 2021 or how to join the scheme, please see https://www.gov.uk/guidance/deferral-of-vat-payments-due-to-coronavirus-covid-19
Also follow us for further updates on: