- HMRC has updated guidance on penalties for late submissions for VAT groups
- Penalties are calculated based on points
- Representative member of a VAT group has single liability for points covering the whole group
- Existing liability is transferred to new representative member if there is a change
- New member joining the group does not affect points total
- Business leaving the group and registering for VAT separately starts with zero points
- Divisions within a group are liable for their own separate points and penalties
- Each division has its own maximum points total
Source: marcusward.co
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.
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