As part of the government’s support for businesses during COVID-19, HMRC gave businesses the option of deferring their VAT payments if they were unable to pay on time, without incurring late payment interest or penalties. Payment of VAT falling due between 20‌‌ March and 30‌‌ June 2020 was capable of deferral until 31‌‌ March 2021.

It is important to recognise that the window is NOW CLOSED and the deferral option does not appear to extend to covering quarterly / monthly returns made up to 31st May 2020.

 

  1. Why Are May Returns Being Excluded?

 

  1. What Do I Need To Do Now?

 

  1. What If I Cannot Pay?