Late VAT return filings & late payment - United Kingdom – hellotax Global S.L

In the United Kingdom, late VAT return filings or payments can lead to penalties, depending on how late the submission or payment is.

No penalty if VAT is paid within the first 15 days after the due date.
2% penalty if payment is made between 16 and 30 days after the due date.
4% total penalty if payment is made 31 days or more after the due date:
- An additional 2% is applied on the VAT still unpaid at Day 30.
- Interest is charged from the day after the due date.

To avoid penalties, always aim to pay VAT on time! 💸

How can we help you?