End of VAT payment deferrals period

  • Sie 23, 2020
  • VAT

Under the scheme, payment of VAT due between 20 March and 30 June could be deferred until 31 March 2021. VAT deferred through the scheme can be paid through ad hoc payments and overpayments ahead of the deadline if preferred, so long as full payment is made by that date.

As planned, the scheme came to an end on 30 June. Businesses now need to set up any cancelled direct debits in time for payment of their next VAT return.
 
Further information can be found on GOV.UK.