Penalties regime prior to 1 April 2010

By Tolley

The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:

  • Penalties regime prior to 1 April 2010
  • Failure to notify
  • Unauthorised issue of VAT invoice
  • Handling goods subject to unpaid excise duty
  • Reasonable excuse

For an overview of the penalty regime post 1 April 2010, see the Overview of the three penalties introduced from 1 April 2010 guidance note.

Failure to notify

Before 1 April 2010, where a taxable person failed to inform HMRC of their liability for VAT, they were liable to a penalty of the greater of £50 and:

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