VAT deferral new payment scheme – open from 23rd February
Any businesses that deferred paying VAT due in the period from 20 March to 30 June 2020 and can’t afford to pay by 31 March 2021 may join the new VAT deferral payment scheme and pay their deferred VAT over a longer period.
This online service opens on 23 February 2021 and close on 21 June 2021. Businesses may pay up to 11 monthly instalments, interest free.
YThe scheme can joined online.
Please go to https://www.gov.uk/guidance/deferral-of-vat-payments-due-to-coronavirus-covid-19 for more information and to join quickly and simply online when the scheme opens.
Please note that Agents are unable to join on clients behalf.