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ML Report on Small VAT Errors?

ML Report on Small VAT Errors?

Can anyone please clarify the position regarding an ML report where an error has been made on a VAT Return which will be corrected by the client. Thankyou


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By bobhurn
29th Nov 2012 16:05

No Offence Committed

Assuming that these were genuine errors, rather than deliberate manipulation to delay VAT liabilities, then no offence has been committed, thus no SOCA report is needed.  We are obliged to report suspicion of criminal activity; a genuine mistake may attract civil penalties under the VART regime but is not a criminal offence.


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