Author name: admin

A reminder – points add up to penalties from 1 January 2023

Starting January 1, 2023, VAT penalty changes impact all return filers, regardless of amount. The new system has distinct penalties for late filing and late payment, and interest calculation has also been adjusted.   The new points system HMRC intend for this to be less punitive when the taxpayer misses the occasional deadline. It will […]

A reminder – points add up to penalties from 1 January 2023 Read More »

Scroll to Top