The Value Added Tax (Margin Schemes and Removal or Export of Goods: VAT-related Payments) Order 2023

Penalties for errors

14.—(1) Schedule 24 to the Finance Act 2007(1) (penalties for errors) (the Schedule) applies to a claim made under article 8 (the claim) with the following modifications.

(2) Part 1(liability for penalty) applies as if—

(a) the claim, including any return, statement or declaration made in connection with the claim, is a document of a kind listed in the Table in paragraph 1 of the Schedule;

(b) the claim concerns a repayment of VAT; and

(c) references to an assessment include an assessment under article 15;

and other Parts of the Schedule apply in accordance with these modifications.

(3) References in the Schedule to a tax period include references to a prescribed period.

(1)

2007 c. 11.