The VAT deferral new payment scheme is open up to and including 21 June 2021.
If you’re on the VAT Annual Accounting Scheme or the VAT Payment on Account Scheme, you’ll be invited to join the new payment scheme later in March 2021.
The new scheme lets you:
- pay your deferred VAT in equal instalments, interest free
- choose the number of instalments, from 2 to 11 (depending on when you join)
The month you decide to join the scheme will determine the maximum number of instalments that are available to you.
For further information visit GOV.UK.