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VAT PENALTY

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › VAT PENALTY

  • This topic has 3 replies, 2 voices, and was last updated 2 years ago by JillyB.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 29, 2022 at 1:02 am #675159
    Eunice03
    Participant
    • Topics: 88
    • Replies: 70
    • ☆☆

    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.

    December 30, 2022 at 2:06 pm #675233
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    Is this from OT manual or some other manual? Kaplan?

    December 31, 2022 at 12:53 am #675247
    Eunice03
    Participant
    • Topics: 88
    • Replies: 70
    • ☆☆

    Kaplan

    December 31, 2022 at 9:49 am #675255
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    Then Im afraid I cannot help you as I do not have access to the question

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