Hi there, @userhelen-hoskin. I'm happy to share some info about submitting late VAT returns in QuickBooks Online (QBO).
If you've submitted your VAT return late, you'll begin a 12-month surcharge period. The first time you default, you will not pay a surcharge. The surcharge term is extended for an additional year if you default once more in the following 12 months. Along with the VAT you owe, you could also have to make additional payments.
The surcharge is a portion of the unpaid VAT for the late period. It is determined based on the due date. For more detailed info about this, please visit this page: Surcharges and penalties.
Keep me posted if you have any other concerns about submitting VAT. I want to ensure you'll be able to finish your tasks in QBO without delay. Have a good day ahead and take care.
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