HMRC have recently published guidance on how taxpayers can prepare for the upcoming changes to VAT penalties and VAT interest charges on GOV.UK.
This will apply to everyone who submits a VAT return from 1 January 2023. For VAT periods starting on or after 1 January 2023, the default surcharge will be replaced by new penalties if VAT returns are submitted or paid late. In December 2022, https://www.gov.uk/guidance/prepare-for-upcoming-changes-to-vat-penalties-and-vat-interest-charges