What is the surcharge for a second late VAT return?

The surcharge for a second late VAT return is calculated and imposed as a percentage of the unpaid VAT. It typically ranges between 2% and 15%, depending on the amount of VAT that remains unpaid and how late the return was filed. This graduated scale is designed to encourage timely submission of VAT returns and penalize repeated delays more severely than the first late return.

Choosing the range of percentages as the correct response reflects the understanding that VAT compliance carries financial penalties, particularly for those who repeatedly fail to meet deadlines. The variability of the surcharge emphasizes the importance of not only filing on time but also ensuring that any owed amounts are paid promptly to avoid further charges.

The other options do not accurately represent the surcharge structure or penalties associated with late VAT returns. The flat fee and notification fee reflect a different aspect of compliance that does not align with the graduated percentage model for subsequent late submissions.