CPD module: VAT penalties and interest charges
In this month's exclusive Accountancy CPD module, we explain the new penalties and interest rates for VAT, effective from 1 January 2023
By completing this module you will be able to:
- be aware of when the new penalty and interest rules apply;
- know how the late filing penalties are calculated;
- understand the two different late payment penalties; and
- appreciate how late payment interest and repayment interest are calculated.
This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.
The CPD course has been prepared by Meg Wilson, senior tax writer at Croner-i.
If you're already a subscriber, you can log in to access this CPD module.