The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides an overview of the types of wrongdoing (taxpayer behaviour) that would be liable to a penalty. This note should be read in conjunction with the Penalties ― VAT wrongdoing ― overview and Penalties ― VAT wrongdoing ― calculating, assessing and collecting the penalty guidance notes.
Currently, there are three types of wrongdoing (behaviour) that are liable to a penalty:
deliberate but not concealed ― where the failure is deliberate but no arrangements were made to conceal it
deliberate and concealed ― where the failure is deliberate and arrangements were made to conceal it
CH93050; FA 2008, Sch 41, para 5
Any penalties levied by HMRC in respect of VAT wrongdoing are intended to correct the behaviour that led to the wrongdoing. However, it should be noted that not every wrongdoing will result in the imposition of a penalty. If the person has a reasonable excuse for a non-deliberate wrongdoing, then they will not be liable to a penalty. However, the level of penalty imposed for deliberate wrongdoing will be higher than those
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