HMRC have issued new guidance on VAT penalties, as follows:
- Penalty points and penalties if you submit your VAT Return late
- Remove penalty points you’ve received after submitting your VAT Return late
- How late payment penalties work if you pay VAT late
- VAT penalties and interest
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.