We thought it would be a good idea to remind our clients and followers that the VAT Deferral New Payment Scheme is still open for businesses to join. 
However, there really isn’t long to go until it closes, as the deadline for applying is Monday 21st June 2021. This is when the online portal for the new payment scheme will close down for good. 
If you join the scheme now, your business can spread its VAT payments across 2-8 months (whatever works best for you). This will be in the form of equal monthly instalments, which are interest-free and can really help to strengthen your cash flow. 
To join the VAT Deferral New Payment Scheme, please visit the official portal and make sure to sign up by 21st June, as the opportunity will then be removed completely. 

Need help with tax? 

We deliver the highest standard of tax advisory and financial management to businesses across the UK. For more information, please call our Yorkshire office on 01482 235575, our London office on 0207 885 0605, or fill in the contact form below. 
Tagged as: VAT
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