VCP10481 - Belated Notification Penalty: Belated Notification forms and letters: Introduction and description of letters
Belated Notification Penalty has been replaced by the Failure to Notify penalty introduced by Schedule 41 of the Finance Act 2008. »Ê¹ÚÌåÓýapp Failure to Notify penalty applies to obligations to notify HMRC of a liability to be registered for VAT on or after 01/04/2010. »Ê¹ÚÌåÓýapp Belated Notification Penalty under Section 67 VATA 1994 continues to apply to obligations to notify a liability to be registered for VAT before 01/04/2010.
Please see the Compliance Handbook CH70000Â for more details about the new failure to notify penalty.
»Ê¹ÚÌåÓýapp following letters should be used either to assess the trader for the penalty or to request the trader to send in a figure for ‘relevant VATâ€� to be used as a basis for issuing penalty assessments.
- Letter 1 - Previously exempt trader no longer liable to be registered, penalty assessment or trader calculates ‘relevant VAT�, see VCP10482.
- Letter 2 - Previously exempt trader who is required to be registered, trader calculates ‘relevant VAT�, see VCP10483.
- Letter 3 - Trader no longer liable to be registered, trader calculates ‘relevant VAT�, see VCP10484.
- Letter 4 - Trader no longer liable to be registered, penalty assessment or trader calculates ‘relevant VAT�, see VCP10485.
- Letter 5 - Correction of the effective date of registration to an earlier date, penalty assessment or trader calculates ‘relevant VAT�, see VCP10486.
- Letter 6 - Trader late in notifying liability to register, trader calculates ‘relevant VAT�, see VCP10487.
- Letter 7 - Compulsory registration, trader calculates ‘relevant VAT� see VCP10488.
- Letter 8 - Transfer of going concern/reallocation of VAT number refused, trader calculates ‘relevant VAT�, see VCP10489.
- Letter 9 - Transfer of going concern/reallocation of VAT number not requested or VAT 68 action failed, trader calculates ‘relevant VAT�, see VCP10490.
- Letter 10 - Transfer of a going concern, VAT 68 action, see VCP10491.
- Letter 11 - Reduction of civil penalty, see VCP10492.
- Letter 12 - Increase in civil penalty, see VCP10493.
Further guidance on administrative procedures is contained in the relevant sections of V1-28 Registration.