VAT late filing penalties
5 min read · 2025-01-15
Each late VAT return adds one point; once you reach a threshold (4 for quarterly filers), you get a £200 penalty per further late return.
- Started 1 January 2023, replacing the old VAT default surcharge regime
- Each late submission adds one penalty point
- Threshold: 4 points for quarterly, 5 for monthly, 2 for annual
- Once at threshold, each further late return triggers a £200 penalty
- Points expire after 24 months of compliant filing