VAT Notice 700/50: default surcharge
This notice explains when you might face a penalty for late payment of your VAT Return, and how it is calculated.
This notice cancels and replaces Notice 700/50 (December 2011).
Published: 1 July 2013
Updated: 8 September 2016
- Amendments have been added to sections 1.1, 1.2, 4.4, 5.1 and 6.3, on guidance for HM Revenue and Customs officers on operational issues.
- First published.