AssessmentsU.K.
12(1)Where a person is liable to a penalty under this Schedule HMRC may assess the penalty.U.K.
(2)Where HMRC assess a penalty they must—
(a)notify the person, and
(b)state in the notice the failure (or failures) for which the person is liable to a penalty.
(3)A penalty under this Schedule must be paid before the end of the period of 30 days beginning with the day on which notification of the penalty is issued.
(4)An assessment of a penalty under this Schedule—
(a)is to be treated for procedural purposes in the same way as an assessment to tax (except in respect of a matter expressly provided for in this Schedule),
(b)may be enforced as if it were an assessment to tax, and
(c)may be combined with an assessment to tax.
Commencement Information
I1Sch. 25 para. 12 in force at 6.4.2024 for specified purposes by S.I. 2024/440, reg. 2(1)