V5.317 Failure to provide security

V5.317 Failure to provide security

A person commits an offence1, and is liable to penalties, if he supplies goods or services without giving security or further security in accordance with a requirement made by HMRC under VATA 1994 Sch 11 para 4(2)2.

An offence under this provision is tried summarily, ie before a magistrate. The maximum prescribed penalty is a fine of level 5 on the standard scale3.

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