VDSOG1200 - Inhibiting defaults
There are occasions when surcharge defaults should be inhibited. The two categories of inhibit are:
- National Inhibit - This may be set by the Tax Administration Advice team in Central Policy to inhibit surcharge processing for all traders, for example during a national emergency.
- Taxpayer Specific Inhibit - Surcharge inhibits may be set in respect of individual taxpayers on an accounting period by accounting period basis. A taxpayer specific inhibit can be set by processing a VAT 719 through VALID.
When considering whether to set a taxpayer specific inhibit in an individual case, you should take account of the:
- circumstances of the particular case,
- need to treat all VAT registered taxpayers with fairness and impartiality, and
- principal aim of the default surcharge system which is to improve compliance.
The following are examples of circumstances which may justify a taxpayer specific surcharge inhibit.
- Taxpayer contacts HMRC before the due date for payment and time to pay is agreed, see VDSOG200.
- Death of a sole proprietor.
- Where a reasonable excuse for a late return/payment is established before a default is recorded.
- Where a cash deposit is held as security.
- Misapplied/missing remittance (for example, where a payment for a current return is received on time but is applied to the wrong registration).
- Taxpayer is submitting monthly returns. (Once a Surcharge Liability Notice has been issued, a period specific inhibit must be set for the trader바카라 사이트™s next tax period. This is to ensure that the taxpayer receives the notice and is able to put in place measures to avoid future defaults before becoming liable to surcharge.)
- Duplicate registration.
- Invalid entry in the register.