VAT penalty and interest rules in 2023

Location: Webinar
Start Date:

29/03/2023 11:00

End Date:

29/03/2023 12:00

Services: VAT and Customs Duty services
Industries: Social Purpose and Non Profits

Introduced in January 2023, these new penalties are very different to the VAT default surcharge regime they replace. Stronger penalties are charged for those that take longer to comply, as well as those that frequently miss submission and payment deadlines.

What we will cover

This webinar will look at how the new penalty regime works, the new interest changes and what this means for you.

Key topics include:

  • why HMRC have introduced these changes 
  • when the new rules come into force
  • late submission penalties
  • late payment penalties
  • changes to the interest regime
  • transitional arrangements
  • how you can request a review of a penalty charge, or appeal a penalty charge
  • examples demonstrating the changes
  • key points and practical considerations.

Who should attend

Any business or organisation that is VAT registered in the UK. It is essential that you attend as HMRC have changed the way they penalise businesses or organisations that may submit and/or pay their VAT return late.

This webinar is suitable for both corporate businesses and non profit organisations as the issues and implications.


There is no cost to attend this webinar.

Register now