PART 6Tax returns, enquiries and assessments

CHAPTER 2Taxpayer duties to keep and preserve records

Penalties for failing to keep and preserve records

78Assessment of penalties under section 76

(1)

Where a person becomes liable to a penalty under section 76, Revenue Scotland must—

(a)

assess the penalty, and

(b)

notify the person.

(2)

An assessment of a penalty under section 76 must be made within the period of 12 months beginning with the date on which the person became liable to the penalty.