FHDDS35240 - Approval, revoking the approval and variations: variations to the registered details: consequences of a variation not being notified
(»Ê¹ÚÌåÓýapp Fulfilment Businesses Regulations 2018, regulation 14)
If the approved person does not notify HMRC of any changes to their registered details, or that they have ceased to trade as a fulfilment business, they will be liable to a penalty of up to £500.
»Ê¹ÚÌåÓýappre will be more information in the Penalties section of guidance when it is made available.