# The Value Added Tax (Amendment) (No. 3) Regulations 2004, Regulation 5: Electronic returns, etc. and electronic payments


After regulation 40(3), insert—
“(4) A direction under paragraph (3) may in particular allow additional time for a payment mentioned in paragraph (2) that is made by means of electronic communications.
The direction may allow different times for different means of payment.
(5) Later payment so allowed does not of itself constitute a default for the purposes of section 59 of the Act (default surcharge).”.

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Source: https://www.legislation.gov.uk/uksi/2004/1675/regulation/5 (the official version)
Page: https://openlegislation.uk/value-added-tax-amendment-no-3-regulations-2004/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.