VCP10806 - Misdeclaration penalty: Calculation and notification of a misdeclaration penalty: Weekly report on form D2211
Please note: VAT Misdeclaration Penalty has been replaced by the Schedule 24 inaccuracy penalty for all accounting periods where the return period commences on or after 01/04/2008 and the due date is on or after 01/04/2009. Misdeclaration penalty will still apply where the due date is before 01/04/2009.
Please see the Compliance Handbook CH80000 Penalties for Inaccuracies for further details.
The weekly report (D2211) of traders and periods in breach of the objective tests provides basic trader details and summarises all the periods for which a penalty is to be considered.
A second copy of the weekly report (D2223) is provided for the Grade 7 for management control purposes.
If no traders breach the objective tests D2211 and D2223 will be nil reports.
If you do not receive a D2211 you should raise an incident via the IT help desk.
Duplicate D2211 reports can be obtained within 6 weeks of the production of the original D2211 report.