Breach of VAT Regulatory Provisions: Why a penalty arises: Regulatory breaches - Death, bankruptcy and incapacity
|Regulation/Section 69 reference||Failure to notify|
|Reg 9(2)/Section 69 (1) (d)||in writing|
- that a person has taken over a taxable persons business due to their death/bankruptcy/incapacity
- the death/bankruptcy/incapacity of the taxable person.
within 21 days of a person carrying on the business.
|the details in 9 (1) & 9(2) when a company goes into liquidation, receivership or administration.|