VDIM6050 - Interest adjustment: Processing Form VAT663

This guidance deals with interest matters in respect of prescribed accounting periods starting on or before 31 December 2022. Interest matters with effect from 01 January 2023 are dealt with under Finance Act 2009.

Please see Compliance Handbook page CH140000 onwards to find the new interest rules guidance.

The VAT663 cannot be input locally. You should send the completed form in a polylope marked ‘URGENT’ to:

Debt Management and Banking
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)

They will batch the documents and forward them to the VCU who will key the documents into VALID. Once keyed the taxpayer’s file and interest calculation will be updated by overnight computer processing.

Electronic versions can be sent direct to ‘451INDEX’.