News & Important Dates

VAT Deferral

If you deferred VAT payments due between 20‌‌ ‌March and 30 June 2020 and still have payments to make, but cannot afford to pay by 31 March 2021,  you can now join the online VAT deferral new payment scheme to spread the payment.

The new scheme lets you pay deferred VAT in equal monthly instalments, interest free. You can spread payment across a number of months, depending when you join – the earlier you join, the more months you have to spread the payments across:

11 instalments if you join by 19‌‌ ‌March 
10 instalments if you join by 21‌‌ ‌April 
9 instalments if you join by 19‌‌ ‌May 
8 instalments if you join by 21‌‌ ‌June. 
You can join the scheme online, without the need to call HMRC. To find out more information, including the things you need to do before joining, go to GOV‌‌‌.UK and search 'VAT deferred'.

The online service will close on 21‌‌ ‌June 2021 – if you want to join the scheme online, you must do so before this date.

If you are on the VAT Annual Accounting Scheme or the VAT Payment on Account Scheme, you may be able to join the new payment scheme later in March. There will be more information on this shortly.

If you have a Time to Pay arrangement already in place for deferred VAT, you cannot use the online scheme. If you want to amend the Time to Pay arrangement, you should contact HMRC.

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