Finance Act 2021 has introduced a new points-based system for penalties to take effect from 1 January 2023 for VAT. When are points received? How many points are needed before a penalty is issued? Do points expire?
See Penalties: points based late submission regime
Are you enjoying our content?
Thousands of accountants and advisers & their clients use rossmartin.co.uk as their primary TAX resource.
Register now to receive our FREE weekly SME Tax News update, discounts and briefings
