Will you be in a position to make you’re VAT payment due this month?

A reminder for everyone with a May VAT quarter as your VAT return is due in a few days and payment due later in the month.  
Easy to have lost track given VAT payments due between 20th March and 30th June due to COVID-19. Also easy not not link the May return is payable but it is the payments that are deferred. (Payments which would have been payable in the deferred period become due 31st March 2021).
If you will struggle to make your VAT payment, Time to Pay arrangements are available to all businesses and individuals who are in temporary financial distress. These arrangements are not new, Time to Pay arrangements have always been available, however at present they are far easier to get put into place, in ‘normal’ times they can be used as a last resort. Interest is payable on the late amounts throughout and you may incur penalties for missed payments without an arrangement in place.
To put a time to pay arrangement in place contact HMRCs Time to Pay service on 0800 024 1222 between 8am and 4pm Monday-Friday