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There is less than a month left to join the VAT Deferral New Payment Scheme

There is less than a month left to join the VAT Deferral New Payment Scheme

April Foster

Don't delay if you wish to join the VAT Deferral New Payment Scheme to spread the cost of deferred VAT payments for 2020; you have less than a month left to join.

The HMRC online portal to set up the VAT payment plan closes on 21 June 2021.

The March, April and May joining dates have passed, but you can still spread your payments across up to eight equal monthly instalments, interest-free, if you join by 21 June 2021.

You can also:
  • pay the deferred VAT in full by 30 June 2021
  • contact HMRC by 30 June 2021 if you need to agree extra help to pay
You can set up a payment plan and join the VAT Deferral New Payment Scheme by accessing the portal.