Draft regulations: Electronic Sales Suppression
We welcome views on the draft regulations for Electronic Sales Suppression (ESS), which detail the approach HMRC will take when charging interest on late payment of penalties for ESS tools.
ESS is a form of tax evasion where businesses using an electronic cash register or electronic point of sale system, uses tools including physical devices, software, computer codes/other data in digital form, or anything else, to manipulate electronic records of sales data to hide or reduce the value of individual transactions.
New powers and penalties were introduced in Schedule 14 to the Finance Act 2022 to help HMRC tackle this non-compliance and made it an offence to possess, make, supply and promote ESS tools.
This technical consultation seeks views on draft regulations which will introduce interest charges on the late payment of ESS penalties.
Before submitting your views to compliance.policyandstrategy@hmrc.gov.uk we recommend that you read the draft statutory instrument published on this page.