FHDDS35240 | Approval, revoking the approval and variations: variations to the registered details: consequences of a variation not being notified

(The Fulfilment Businesses Regulations 2018, regulation 14)

If the approved person does not notify HMRC of any changes to their registered details, or that they have ceased to trade as a fulfilment business, they will be liable to a penalty of up to £500.

There will be more information in the Penalties section of guidance when it is made available.