VAT returns and accounting compliance

This guidance note provides an overview of the procedure followed by HMRC where they consider that a tax agent has acted dishonestly.BackgroundCH180000; FA 2012, Sch 38;...

IntroductionThis guidance note provides an overview of the VAT civil evasion penalty which could be imposed on a taxpayer. CEP1050It is important to note that revised...

This guidance note provides an overview of the penalties that could be imposed upon a person who breaches to comply with a requirement imposed under one of the following...

This guidance note should be read in conjunction with the Overview of the three penalties introduced from 1 April 2010 guidance note.BackgroundHMRC has the discretion to...

This guidance note provides details of the listed schemes which need to be disclosed to HMRC. This note should be read in conjunction with the Anti-avoidance -...

This guidance note provides an overview of the procedure that HMRC should follow when it receives a repayment VAT return. Notice 700/58 ; De Voil V5.191 (subscription...

BackgroundUnlike the concepts of 'reasonable care' and 'careless mistakes', 'deliberate but not concealed' and 'deliberate and concealed' inaccuracies determine the level...

SummaryThe table below provides a summary of the types of penalties that can be applied by HMRC together with a link to the relevant guidance note:Type of penaltyMore...

This guidance note provides details of how the amount of the penalty will be calculated and collected by HMRC. This note should be read in conjunction with the Overview...

This guidance note provides an overview of the rules relating to self-billing arrangements.What is self-billing?Under a self-billing arrangement it is the customer,...