Deferral of Tax Payments
VAT and income tax payments can be deferred as part of the Government’s help package.
Last Updated: 17th May 2020
VAT deferral
You can delay paying VAT due between 20th March and 30th June 2020 until 31 March 2021 if you wish, but don’t forget to cancel your direct debit with the bank if you have one set up. If you don't cancel the direct debit, full payment will be taken on the usual date!
You can delay paying the VAT payment For the quarters ended 29th February, 30th March, and 30th April until 31 March 2021
This extension of the deadline is automatic – you don't have to apply
Refunds will still be reimbursed
Make sure that you settle the outstanding payment by 31 March 2021
Income tax 31st July payment on account
This help has been widened to include everybody, not just the self-employed.
You can delay making your July tax payment until 31 January 2021
This extension of the deadline is automatic – you don't have to apply
No penalties or interest will be charged in the deferral period
How about PAYE or corporation tax?
Contact the HMRC Coronavirus (COVID-19) helpline on 0800 024 1222 or via webchat if you have difficutties. Have your Unique Tax Reference (UTR) number to hand when you call.
Please note that the above is intended as a summary guide only. Please take further advice or check the detailed Government guidance before taking any action.
