Collection
VAT penalties and interest
Changes to VAT penalties and interest charges if you submit a VAT Return for an accounting period starting on or after 1 January 2023.
Changes to VAT penalties and interest
For VAT accounting periods starting on or after 1 January 2023 there are new penalties for VAT Returns that are submitted late and VAT which is paid late. 皇冠体育app way interest is charged has also changed.
皇冠体育app changes aim to simplify and separate penalties and interest.
You can also read about changes to VAT penalties and interest in Welsh.
Updates to this page
Published 4 January 2023