If your business deferred paying VAT due in the period from 20‌‌‌‌ ‌March to 30‌‌ ‌June‌‌ ‌2020 and can’t afford to pay by 31‌‌ March‌‌ ‌2021, you can join the VAT deferral new payment scheme and pay the deferred VAT over a longer period.

The online service will open on 23‌‌ February‌‌ ‌2021 and close on 21‌‌ June‌‌ ‌2021.

VAT repayments can be made up to 11 monthly instalments, interest free. The earlier you join, the more months you have to spread the payments across.

Your can join the scheme online without the need to call – go to GOV.UK for more information and to join quickly and simply online when the scheme opens.

Please note that HMRC is unable to provide an agent service for this scheme therefore your VAT agent will be unable to do this on your behalf via their HMRC agent portal.

Businesses that need more time to pay their deferred VAT should contact HMRC.