Further to a newsletter publsihed by Deloitte (see below zource), it can be interpreted that the VAT payment deferral would only be applicable for the VAT return period ending March 31, 2020 while communication of the UK governement mentions that VAT payments as of March 20, 2020 can be deferred.
VAT payments due from businesses between 20 March 2020 and the end of June 2020 will be deferred.
No VAT registered business will have to make a VAT payment normally due with their VAT return to HMRC in this period. Payment of VAT will be deferred to the end of the tax year.
HMRC has not yet issued detailed guidance on how the tax year will be defined – the tax year for VAT typically runs to the end of 31 March, 30 April or 31 May (depending on the VAT return periods of an individual business). Therefore, our working assumption is that VAT payments for the period from 20 March 2020 to 30 June 2020 will be deferred until the VAT return periods ending 31 March, 30 April or 31 May depending on the VAT return periods of each business deferring payments
Source UK Summary of announced schemes in the UK
