HMRC have updated Notice 700/2 on VAT groups, with changes relating to late-payment and late-submission penalties and the group application process. Key changes include the following:
a new section discussing the interaction between VAT group changes and the late-submission penalty regime (see para 5.11);
updated content on what to do while waiting for a response to a group application, to reflect the late-submission and late-penalty regimes (see para 2.17); and
changes to reflect the fact that the vast majority of group applications should now be made online and paper applications are permitted only in limited circumstances (see para 2.12).
Other recent changes to HMRC’s VAT Notices and guidance include:
VAT Notice 708: Buildings and construction: the certificates at sections 18.1 and 18.2 are now marked as having the force of law under VATA 1994 Sch 8 Group 5 Note 12. These are the ‘zero-rated and reduced-rated building work’ and ‘zero rated sales and long leases’ certificates; and
HMRC have updated Notice 700/2 on VAT groups, with changes relating to late-payment and late-submission penalties and the group application process. Key changes include the following:
a new section discussing the interaction between VAT group changes and the late-submission penalty regime (see para 5.11);
updated content on what to do while waiting for a response to a group application, to reflect the late-submission and late-penalty regimes (see para 2.17); and
changes to reflect the fact that the vast majority of group applications should now be made online and paper applications are permitted only in limited circumstances (see para 2.12).
Other recent changes to HMRC’s VAT Notices and guidance include:
VAT Notice 708: Buildings and construction: the certificates at sections 18.1 and 18.2 are now marked as having the force of law under VATA 1994 Sch 8 Group 5 Note 12. These are the ‘zero-rated and reduced-rated building work’ and ‘zero rated sales and long leases’ certificates; and
