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The phrase "defer it" is correct and usable in written English.
You can use it when you want to postpone or delay a decision or action to a later time. Example: "Due to unforeseen circumstances, we have decided to defer it until next month."
Exact(45)
Underwood also mentions a well-known self-help book by David Allen called Getting Things Done, with its "do it, delegate it, defer it, drop it" approach to emptying in-trays.
Don't forget that tax-deferred accounts do not eliminate tax, they only defer it.
Or could you defer it a bit longer?" Although smart grid technology is still in its infancy, the UK is recognised as a European leader for investment in smart grid research, partly due to the £500m Low Carbon Network government fund, which provides financial support for projects designed to test out ideas.
No. Or will parting be any easier for us if I defer it?
Others could defer it until when the property was sold or they died.
Except – since you are a reader – you can at least defer it.
Similar(10)
"Sometimes deferring gratification temporarily could mean deferring it forever.
It just defers it for a certain period of time.
"If I had known that motion could have been deferred I would have deferred it.
With local elections in Gaza deferred, it has already turned violent there again.
This autumn, having twice deferred it, she is taking up a place to study at Oxford University.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com