Commentary

V2.129 Consequences of a failure to register

Part V2 Registration – deregistration

V2.129 Consequences of a failure to register

V2.129 Consequences of a failure to register

A taxable person who fails to notify his liability to be registered will suffer the following consequences:

  1.  

    •     he will nevertheless be registered from the proper date (for date of registration, see V2.142A; V2.174 distance sales; V2.185 acquisitions; V2.189B disposals of assets1)

  2.  

    •     output tax will be due on all taxable supplies made from that date (for taxable supplies, see V3.122)2

  3.  

    •     he will be liable to a penalty for failing to notify his liability to be registered (for the penalty under this section, see V5.347)

  4.  

    •     he will be liable to a

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