CH192110 - Penalty reform - penalties for failing to file VAT returns by the due date for periods from 1 January 2023: penalties for failing to submit VAT returns: groups of VAT returns

NB: “These rules currently only apply to VAT for VAT periods starting on or after 1 January 2023. These rules will come into force for other tax regimes at a future date. You must check the date from which these rules apply for the tax or duty you are dealing with”

Returns are grouped, for the purpose of late submission penalties, according to how often they need to be made. The table below identifies the three groups and VAT appears at item 4 (of FA2021 Sch. 24), split into Group 4A, 4B and 4C.

Group 4A shows the regulations for those VAT returns submitted annually etc. and includes:

Subgroup 1- VAT returns for annual accounting.

Subgroup 2- returns for certain non-standard period returns of more than 20 weeks.

Group 4B shows the regulations for those VAT returns submitted quarterly etc. and includes:

Subgroup 1- Quarterly VAT returns other than first or final return.

Subgroup 2- returns for certain non-standard period returns of more than 8 but not more than 20 weeks.

Group 4C shows the regulations for those VAT returns submitted monthly etc. and includes:

Subgroup 1- Monthly VAT returns.

Subgroup 2- returns for certain non-standard period returns of not more than 8 weeks.

Groups of Returns - Item 4 VAT

Column A annual returns

  • Return under regulation 50 of the Value Added Tax Regulations 1995 (S.I. 1995/2518) for a current accounting year
  • Return under regulation 25(1)(c) of those regulations for a period which is more than 20 weeks, and is the period for which returns are (or are to be) usually made by the person in question

Column B quarterly returns

  • Return under regulation 25(1) of the Value Added Tax Regulations 1995 (S.I. 1995/2518), other than a return under regulation 25(1)(a), (b) or (c)
  • Return under regulation 25(1)(c) of those regulations for a period which is more than 8 weeks but not more than 20 weeks, and is the period for which returns are (or are to be) usually made by the person in question

Column C monthly returns

  • Return under regulation 25(1)(a) of the Value Added Tax Regulations 1995 (S.I. 1995/2518)
  • Return under regulation 25(1)(c) of those regulations for a period which is not more than 8 weeks, and is the period for which returns are (or are to be) usually made, or a period for which returns are (or are to be) regularly made, by the person in question

FA2021 SCH24 para 2