Under the Governments Covid-19 support procedures businesses were able to defer paying VAT due in the period from 20th March to 30th June 2020 until 31st March 2021.
A new VAT deferral new payment scheme has been introduced to enable payment of this VAT to be deferred over a longer period.
This is an online service and registration can be done between 23rd February 2021 and closes on 21st June 2021. Payment can be made in up to 11 monthly instalments, interest free.
Registration is through the businesses Government Gateway account. The sooner registration is completed, the more instalments payment can be spread over.