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HMRC internal manual

VAT Civil Penalties

HM Revenue & Customs
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New Means of Transport: Calculation and notification of the penalty: Authorisation and countersignature of penalty

Please note: the Section 67 VATA 1994 penalty has been replaced by the Failure to Notify penalty introduced by Schedule 41 Finance Act 2008. The Failure to Notify penalty applies to obligations to notify the acquisition of a new means of transport on or after 01/04/2010. The penalty under Section 67 VATA 1994 continues to apply where the obligation to notify the acquisition of a new means of transport occurs before 01/04/2010.

Please see the Compliance Handbook CH70000 for more information about the Failure to Notify penalty.

The penalty assessment should be authorised and countersigned at the appropriate level using the same authority limits that are used for the VAT 291 penalty assessment form. This should include cases when a decision has been made not to assess for a penalty or when a penalty is withdrawn.