SCHEDULES

SCHEDULE 26 U.K.Penalties for failure to pay tax

Modifications etc. (not altering text)

C1 Sch. 26 modified (1.3.2024) by 1994 c. 23, Sch. 9ZF para. 13A (as inserted by The Value Added Tax (Distance Selling) (Amendments) Regulations 2024 (S.I. 2024/128), regs. 1(1), 6(6) (with reg. 1(2)))

PART 1 U.K.Introduction

Assessments and determinations in default of return U.K.

3 (1) This paragraph applies for the interpretation of the tables in paragraph 1. U.K.

(2) An assessment or determination by HMRC is made in default of a return if it is made where—

(a) a person is required to make or deliver a return which falls within—

(i) any group of returns in the Table in paragraph 2 of Schedule 24, or

(ii) any item in the Table in paragraph 1 of Schedule 55 to FA 2009,

(b) that person fails to make or deliver the return on or before the date by which it is required to be made or delivered, and

(c) if the return had been made or delivered as required, the return would have shown that an amount falling within the relevant table in paragraph 1 was due and payable.

(3) An assessment or determination by HMRC is made otherwise than in default of a return if it is made otherwise than as described in sub-paragraph (2).

Commencement Information

I1 Sch. 26 para. 3 in force at 1.1.2023 for specified purposes by S.I. 2022/1278, reg. 2(2)

I2 Sch. 26 para. 3 in force at 6.4.2024 for specified purposes by S.I. 2024/440, reg. 2(2)