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Home / De-Voil /Part V5 Compliance, enforcement and appeals /Division V5.3 Penalties /Failure to submit VAT returns and pay VAT on time (before 1 January 2023) / V5.379 Default surcharge—assessment (before 1 January 2023)
Commentary

V5.379 Default surcharge—assessment (before 1 January 2023)


Part V5 Compliance, enforcement and appeals

This paragraph covers assessment of the default surcharge. The default surcharge applies to accounting periods starting before 1 January 2023. This paragraph therefore deals only with those periods.

For penalties for late payment of tax and late submission of VAT returns for periods starting on or after 1 January 2023, see V5.302B and V5.302C.

HMRC power to assess default surcharge

HMRC may assess the amount due by way of default surcharge and notify it to the person concerned1. Once liability to surcharge has been established, HMRC will assess the surcharge unless specific evidence is available

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