Default Surcharge, Penalties – ACCA Taxation (TX-UK) VAT lecture part 5

Please note:

In Example 6 the quarters to 30 September 2016 through to 31 March 2018 used in the lecture are changed to the quarters to 30 September 2018 through to 31 March 2020 in the FA 2019 Study Notes

In Example 7 the quarter to 31 December 2017 used in the lecture is changed to 31 December 2019 in the FA 2019 Study Notes