Conditions for a penalty
Error penalties for inaccuracies will be charged for a tax period that is
- a tax year,
- an accounting period, or
- any other period for which tax is charged or due, or repayment of tax is claimed.
A person may be charged a penalty if they give HMRC an inaccurate document. A person is defined as an individual, a company, a partner, a trustee, a personal representative, an executor, or an administrator.
In the case of a VAT group, the nominated member of the group is also a person.