Section 59A(6)

For the purposes of this section the aggregate value of a person’s defaults in respect of a prescribed accounting period shall be calculated as follows— where the whole or any part of a payment in respect of that period on account of VAT was not received by the Commissioners by the day on which it became due, an amount equal to that payment or, as the case may be, to that part of it shall be taken to be the value of the default relating to that payment; if there is more than one default with a value given by paragraph (a) above, those values shall be aggregated; the total given by paragraph (b) above, or (where there is only one default) the value of the default under paragraph (a) above, shall be taken to be the value for that period of that person’s defaults on payments on account; the value of any default by that person which is a default falling within subsection (1)(b) above shall be taken to be equal to the amount of any outstanding VAT less the amount of unpaid payments on account; and the aggregate value of a person’s defaults in respect of that period shall be taken to be the aggregate of— the value for that period of that person’s defaults (if any) on payments on account; and the value of any default of his in respect of that period that falls within subsection (1)(b) above.

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Source: legislation.gov.uk · retrieved 2026-07-28