VAT Civil Penalties

VCP10732 - Misdeclaration penalty: misdeclaration penalty for large errors in a single VAT accounting period: calculating the penalty

Objective tests will be carried out by the computer when the following forms have been input

• VAT641 - Officers Assessment
• VAT642 - Error Correction Input form
• VAT643 - Assessment Amendment
• VAT644 - Assessment Withdrawal

The guidance in this section shows you how to calculate misdeclaration penalties for large errors manually, and can be used if you need to explain a misdeclaration penalty to a trader.

For guidance on

• Additional assessments, see VCP10733 and VCP10734
• A penalty for late returns, see VCP10735
• Errors on a VAT return, see VCP10736
• Large error penalty de minimis limits, see VCP10737.