VAT Civil Evasion Penalty: recent changes
Below are details of the amendments that were published on 29 June 2010 (see the update index for all updates).
|Section||Details of update|
|VATCEP2080||More concise summary of no need to show permanent deprivation.|
|VATCEP3020||More concise summary of what is not to be included in calculations when arriving at the amount of VAT evaded that civil evasion penalty applies to. Also provided more detail on how mitigation is to be applied.|
|VATCEP4040||Inserted a provision that in exceptional circumstances you may apportion a penalty unequally against directors.|