VAT Payment Deferral

29 January, 2021

The Government have announced an option to extend the payment terms for the deferred VAT period between 20th March and 30th June 2020.

Early in 2021 an online opt in process will open on the below link which will allow businesses the option of making 2-11 smaller monthly instalments of deferred money owed, interest free.

To qualify for the scheme you must:

  • Still have a remaining balance of deferred VAT to pay
  • Be up to date with your VAT returns
  • Opt in on the portal when it launches before the end of March 2021
  • Be able to pay the first instalment when you opt in

Full details on how to be ready for the launch can be found at the following link:

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