There are two different penalties for the two scenarios: late VAT return payment and payment of a wrong amount.

Late payment:

1. There is a leniency period of 7 calendar days after the deadline. When paying a VAT return late, but within the leniency period there are three different possibilities:

• You paid the previous tax return on time and you paid the right amount. In this case you will not receive any penalty. You will receive a notice of absence of the return.

• You paid the previous tax return too late or you transferred the wrong amount. In this case you will receive a penalty of 3% of the total VAT due. The minimum of 50 EU and the maximum of 5,514 EU.

2. When paying a VAT return late and after the leniency period , the following penalty can be expected: