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Gateway Finance

Are you joining the Covid VAT Deferral Payment Scheme?

Do you or someone you know have VAT deferred payments outstanding between 20 March 2020 and 30 June 2020 and need extra time to pay these? If the answer is YES, then why not consider applying for the governments VAT deferral scheme.

If your company is eligible for the scheme you must join yourself online before 21 June 2021 to benefit from:

  • Paying your deferred VAT in equal instalments, interest-free
  • A choice of number of instalments, from 2 to 11 (depending on when you join)

 

Joining the scheme will not affect you applying for a time to pay arrangement for other HMRC debts and outstanding tax.

If you are unable to pay your VAT deferred payments in full by 31 March 2021 or require any further information, then please visit:

www.gov.uk/guidance/deferral-of-vat-payments-due-to-coronavirus-covid-19

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