Section 59A(7)

In the application of subsection (6) above for the calculation of the aggregate value of a person’s defaults in respect of a prescribed accounting period— the amount of outstanding VAT referred to in paragraph (d) of that subsection is the amount (if any) which would be the amount of that person’s outstanding VAT for that period for the purposes of section 59(4); and the amount of unpaid payments on account referred to in that paragraph is the amount (if any) equal to so much of any payments on account of VAT (being payments in respect of that period) as has not been received by the Commissioners by the last day on which that person is required (as mentioned in section 59(1)) to make a return for that period.

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