SolvedVATF36445 | What to consider prior to determining whether to use an intervention: matters to consider when looking at particular types of taxable person or activity: creative industries tax reliefs: interventions to consider: security
From HM Revenue & Customs · VAT Fraud
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.
Further guidance can be found at VATF44600.