Tax authority guide to VAT penalties and interest from 2023
The tax authority, HMRC, has published ‘Prepare for upcoming changes to VAT penalties and VAT interest charges’, which gives a high level overview of the new VAT penalties and interest charges applicable to late submission, late payment, and underdeclarations, that take effect for VAT periods commencing on or after 1 January 2023.
Have an account?
Not registered?