V5.372 Defaults

A person is regarded as being in default for a prescribed accounting period if1


    (1)     HMRC have not received his VAT return for that period by the due date2; or


    (2)     HMRC have received that return but have not received the amount of tax shown thereon to have been payable to them.

A default occurs where a cheque received prior to the due date is either post-dated to a day falling after the due date, or is subsequently dishonoured, unless a reasonable excuse is established3; see V5.378.

A default is left out of account if—


    (1)     a person is assessed

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