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VCP10737 | Misdeclaration penalty: misdeclaration penalty for large errors in a single VAT accounting period: large error penalty de minimus limits

From HM Revenue & Customs · VAT Civil Penalties

For all MPs calculated after 10 March 1992 the de minimis value is £300. Amounts less than £300 still appear on the D2211 but in such cases the penalty should not be issued.