Misusing a VAT registration certificate can lead to serious legal and financial penalties. If a business falsely claims to be VAT registered or uses another company’s certificate, it may face fines, interest on unpaid VAT, and even prosecution. HMRC treats such cases as fraud, which can damage a company’s credibility and lead to criminal charges depending on the severity. Businesses f... https://xactaccountants.co.uk/vat-registration/