Businesses that deferred VAT payments last year can join the new scheme to pay it in smaller monthly instalments.
You can pay your deferred VAT in 2 to 11 consecutive instalments starting in March, April, May or June 2021, without adding interest.
The VAT Deferral New online Payment scheme will require a direct debit to be set up as part of the digital opt-in process.
Eligible businesses that are unable to use the Govt’s online services to join the scheme can apply by telephone until 30 June 2021.