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Setting Up A VAT Payment Plan Businesses and self-employed persons in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs by setting up a payment plan online, sometimes referred to as Time To Pay arrangements. These arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities. Agreements reached with HMRC allow businesses and individuals to pay off their debt by instalments over a period of time. VAT-registered businesses that owe less than £20,000 of VAT can set up a payment plan online. Businesses can apply to set up a VAT payment plan online if they: have filed their latest tax return owe £20,000 or less are within 28 days of the payment deadline do not have any other payment plans or debts with HMRC plan to pay their debt off within the next 6 months Businesses cannot set up a VAT payment plan online if they use the Cash Accounting Scheme or the Annual Accounting Scheme. In addition, businesses that make VAT payments on account are currently unable to set up a payment plan online. Businesses that are not eligible to set up a VAT payment plan online should contact HMRC directly.