Navigating the UK’s New VAT Penalty Regime: A Definitive Guide to Late Payment of VAT Returns and VAT Penalty Avoidance Strategies 

Introduction: The Dawn of a New Era in UK VAT Compliance   UK VAT rules changed a lot in January 2023, introducing a completely new system for penalties. This update represents a significant shift from the old VAT late payment system. People often found that the earlier system was rigid, with fines that seemed unfair. […]