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What is a VAT Surcharge

What is a VAT Surcharge?

What is a VAT Surcharge? A VAT Surcharge is a type of penalty levied by HMRC under two circumstances: When a business does not submit...
What is a VAT Assessment

What is a VAT Assessment?

VAT Assessments A VAT Assessment Letter is sent to you if you do not submit a VAT return for a particular quarter and pay the...
VAT penalties

A Complete Overview of VAT Penalties, Surcharges & Interest

VAT Penalties, Surcharges & Interest Vary According to Circumstance There are two types of charges HMRC can levy - Penalties and Surcharges.  In top of...