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Claritax News

VAT – penalties and interest charges – HMRC record overview webinar

02 Mar 2023

HMRC have added a recorded webinar providing an overview of the new VAT late submission, late payment penalties and interest changes to their promotional material VAT penalties and VAT interest charges – communications resources.

The materials are available to “communicate with your members, clients, and customers about changes to VAT interest charges, late submission and late payment penalties from January 2023.”

https://www.gov.uk/government/publications/vat-penalties-and-vat-interest-charges-communications-resources

Related content from Claritax Books

Value Added Tax, written by Ciaran McGee MA (Oxon), FCA, CTA, is an extensive volume (over 1,000 pages), written primarily for non-VAT specialist accountants and tax advisers.

Value-Added-Tax

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Recent Posts

  • How to get authorised to act as a tax agent on behalf of your clients – HMRC update guidance
  • Compliance checks: prohibition of promotion of certain tax avoidance schemes – HMRC publish factsheet CC/FS91
  • R&D tax credits – HMRC publish official statistics
  • HMRC put agent reference number checks on hold until 17 November
  • Make a voluntary disclosure to HMRC – HMRC update guidance

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