VATREG37350 - Non-established taxable persons (NETPs): NETPs failing to register
An NETP who fails to register for VAT at the right time will be subject to the normal penalty regime.
»Ê¹ÚÌåÓýapp amount of the Failure to Notify penalty would, as usual, be linked to the business’s behaviour. Deliberate or concealed non-compliance attracts a higher penalty and cooperation and disclosure will reduce the penalty.
»Ê¹ÚÌåÓýapp business may not be liable to a penalty if it has a reasonable excuse for not complying with the rules.