Penalties for VAT and Excise Wrongdoing: Calculating the penalty: Reducing the penalty: Determining the quality of disclosure: Example
When you asked Habika for further information she initially denied any knowledge of the invoices and refused to allow access to any of her business records. You persisted, and eventually she provided details about all the invoices. There was some delay in providing the relevant documents to enable you to establish the total amount she had charged as VAT.
The quality of the disclosure is decided as
|Telling||15%||(of the full 30% see CH95000)|
|Helping||25%||(of the full 40% see CH95050)|
|Giving access||20%||(of the full 30% see CH95100)|
|Total||60%||(of the full 100%)|
So the quality of disclosure is 60%.