HMRC is consulting on draft regulations which would introduce interest charges on the late payment of electronic sales suppression (ESS) penalties. The draft Electronic Sales Suppression (Appointed Day) Order 2024 will apply the FA 2009 ss 101 and 102 interest provisions for the purposes of ESS penalties with effect from 4 March 2024.
Finance Act 2022 Sch 14 introduced new powers and penalties making it an offence to possess, create, supply, or promote ESS tools. The consultation closes on 24 November 2023.
HMRC is consulting on draft regulations which would introduce interest charges on the late payment of electronic sales suppression (ESS) penalties. The draft Electronic Sales Suppression (Appointed Day) Order 2024 will apply the FA 2009 ss 101 and 102 interest provisions for the purposes of ESS penalties with effect from 4 March 2024.
Finance Act 2022 Sch 14 introduced new powers and penalties making it an offence to possess, create, supply, or promote ESS tools. The consultation closes on 24 November 2023.
