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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › VAT PENALTY
TYU 3
If a trader’s first default produces a penalty of £300, then HMRC .. . .. . . . . . . collect it.
ANS- WILL NOT
Good day,Pls i don’t understand why HMRC won’t collect the penalty of 300 is there is a default.I’ll appreciate if you can explain better.
Is this from OT manual or some other manual? Kaplan?
Kaplan
Then Im afraid I cannot help you as I do not have access to the question