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United Kingdom · Report · Written statement

UIN HCWS537

Penalty Reform for VAT

publishedUnited Kingdom· UK Parliament· EN

Introduced

13 January 2022

Last action

13 January 2022 · Written statement

Status

Commons

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—

Subjects

Discovery layer

Source updated

13 January 2022

Summary

In Finance Act 2021, the Government legislated to reform penalties for late submission and late payment of tax, initially from 1 April 2022,? and to align interest charges for VAT with other major taxes. Today, I am announcing that these changes for VAT b...

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Timeline

  1. 13 January 2022

    Written statement

    In Finance Act 2021, the Government legislated to reform penalties for late submission and late payment of tax, initially from 1 April 2022,? and to align interest charges for VAT with other major taxes. Today, I am announcing that these changes for VAT b...

    Source: Commons

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