The VAT deferral new payment scheme is open for all businesses who deferred paying VAT due between 20 March and 30 June 2020 and have been unable to pay in full by 31 March 2021.
You can apply now to spread these payments – businesses that join by 19 May 2021 can pay in up to nine monthly instalments. The later businesses join, the fewer instalments will be available to them.
Businesses can join the easy-to-use scheme quickly and simply online by 21 June, to find out more, search ‘ VAT deferral’ on GOV.UK.
If you have any questions contact us today and speak to one of our friendly and experienced members of staff.