On 4 January 2023, HMRC published five guidance pages relating to the new penalty regime for late submission and payment of VAT returns, as well as late payment and repayment interest. This new guidance is aimed at taxpayers and their agents.
HMRC’s internal manuals on this topic are aimed at HMRC officers but are freely available. They are listed below.
Feedback on the new guidance would be welcome. Please send it to Ed Saltmarsh.
Further reading for ICAEW or Tax Faculty members
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