HMRC reminder: new VAT penalties and interest

Published on: 23 February 2023

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Specialist Tax Regulatory Materials

Article summary

HMRC has issued a reminder that the new VAT penalties will apply to VAT return periods which start on or after 1 January 2023 which, for businesses filing on a monthly basis, will start affecting returns due on and after 7 March 2023.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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