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VAT Deferral Reminder - Join Online by 21st June 2021
The VAT deferral new payment scheme is open for all businesses who deferred paying VAT due between 20th March and 30th June 2020 and were unable to pay in full by 31st March 2021.
21st June is the last day you can join this scheme. If you join by this date you can apply to spread these payments across up to eight instalments.
You can join online here.
If you have deferred paying VAT, you may be charged a 5% penalty and/or interest if you do not join the VAT deferral new payment scheme by the deadline of 21st June, pay in full by 30th June, or get in touch with HMRC to make an alternative arrangement to pay by 30th June 2021.
Please click here to read more.
Please note that this blog is correct as of the 14th June 2021.