Modifications etc. (not altering text)
C1Sch. 18 modified (17.12.2020 for specified purposes, 31.12.2020 in so far as not already in force) by 1994 c. 23, Sch. 9ZA para. 79 (as inserted by Taxation (Post-transition Period) Act 2020 (c. 26), s. 11(1)(e), Sch. 2 para. 2 (with s. 3(4), Sch. 2 para. 7(7)-(10)); S.I. 2020/1642, reg. 9)
38(1)Where a person is liable for a penalty under paragraph 30, HMRC must assess the penalty.U.K.
(2)Where HMRC assess the penalty, HMRC must—
(a)notify the person who is liable for the penalty, and
(b)state in the notice a tax period in respect of which the penalty is assessed.
(3)A penalty under this paragraph must be paid before the end of the period of 30 days beginning with the day on which the person is notified of the penalty under sub-paragraph (2).
(4)An assessment—
(a)is to be treated for procedural purposes as if it were an assessment to tax,
(b)may be enforced as if it were an assessment to tax, and
(c)may be combined with an assessment to tax.
(5)An assessment of a penalty under this paragraph must be made before the end of the period of 12 months beginning with the date of the defeat mentioned in paragraph 30(1).