HMRC have finally announced further details of the payment extension available re VAT deferred due to COVID-19.
If you deferred VAT payments due between 20 March and 30 June 2020 and still have payments to make, you can:
pay the deferred VAT in full, on or before 31 March 2021
join the VAT deferral new payment scheme – the online service is open between 23 February and 21 June 2021
contact HMRC on Telephone: 0800 024 1222 by 30 June if you need extra help to pay
You may be charged interest or a penalty if you do not:
pay the deferred VAT in full by 31 March 2021
opt into the new payment scheme by 21 June 2021
agree extra help to pay with HMRC by 30 June 2021
The scheme will be open from 23 February up to and including 21 June 2021.
Further details can be found here:
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