Research on VAT penalty reform: HMRC collaborates with Verian to gather business perspectives

• HMRC is collaborating with research agency Verian to study the opinions of VAT-registered businesses regarding changes in the VAT penalty regime.
• Verian will reach out to selected businesses via letter or email from 22 January to 25 March 2024 to invite them for an interview.
• Businesses that have never received a VAT penalty may also be contacted for participation.

Source: icaew.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.