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FHDDS24400 | Policy and background: how the scheme works: penalties and sanctions

From HM Revenue & Customs · VAT Fulfilment House Due Diligence Scheme

(The Finance Act (No.2) 201, section 55 and The Fulfilment Businesses Regulations 2018, regulation 14- 17)

There are penalties for:

  • late registration

  • failing to comply with any approval condition or restriction

  • carrying on a fulfilment business without approval

  • failure to meet obligations.

For more information on penalties, see FHDDS50000.