The VAT deferral new payment scheme is open for all businesses who deferred paying VAT due between 20 March 2020 and 30 June 2020 and were unable to pay in full by 31 March 2021.
If you apply to spread your payments for deferred VAT from 20 March 2020 to 30th June 2020 on this scheme you can pay in eight instalments.
21 June 2021 is the deadline for you to join this scheme.
You may be charged a 5% penalty and/or interest if you do not sign up to the VAT deferral scheme by the deadline of 21 June 2021, or pay in full by 30 June 2021, or get in touch with HMRC to make an alternative arrangement to pay by 30 June 2021.
See: Pay VAT deferred due to coronavirus (COVID-19) – GOV.UK (www.gov.uk)