VATF44600 - Basic interventions: Other interventions: Issuing a Notice of Requirement to pay security

A Notice of Requirement to pay a security can be issued where it is considered that:

  • repaying a VAT claim represents a risk to the revenue, or
  • VAT is at risk of being unpaid by the taxable person.

For example, if you discover that a director of a VAT registered taxable person was also the director of a taxable person who was deregistered from VAT owing HMRC unpaid tax, you might wish to consider issuing a Notice of Requirement.

Notice 700/52 which set out when and how HMRC will issue requirements to pay a security has been withdrawn but officers may find this Ìý³Ü²õ±ð´Ú³Ü±ô.Ìý(This content has been withheld because of exemptions in the Freedom of Information Act 2000)Securities Guidance(This content has been withheld because of exemptions in the Freedom of Information Act 2000)Ìý