VAT initiative campaign

A business has until 30 September 2011 to tell HMRC that it should have been VAT registered at an earlier date and as a result be able to take advantage of a late registration penalty that is likely to be capped at 10% of the tax unpaid during the late period.

A business has then until 31 December 2011 to send the completed VAT registration form (VAT 1) to HMRC, while the online registration is not open to those taking part in the VAT initiative.