PART 8Penalties
CHAPTER 2Penalties for failure to make returns or pay tax
Penalties for failure to make returns
I1159Penalty for failure to make returns
1
A penalty is payable by a person (āPā) where P fails to make a tax return specified in the table below on or before the filing date (see section 82).
Tax to which return relates | Return | |
---|---|---|
1. | Land and buildings transaction tax |
|
2. | Scottish landfill tax | Return under regulations made under section 25 of the LT(S) Act 2014. |
2
If P's failure falls within more than one provision of this section or of sections 160 to 167, P is liable to a penalty under each of those provisions.
3
But where P is liable for a penalty under more than one provision of this section or of sections 160 to 167 which is determined by reference to a liability to tax, the aggregate of the amounts of those penalties must not exceed 100% of the liability to tax.
4
In sections 160 to 167 āpenalty dateā, in relation to a return, means the day after the filing date.
5
Sections 160 to 163 apply in the case of a return falling within item 1 of the table.
6
Sections 164 to 167 apply in the case of a return falling within item 2 of the table.