CH193260 - Penalty reform - penalties for failure to pay VAT on time from 1 January 2023: penalty assessments: when you must tell the person of the assessment
NB: “These rules currently only apply to VAT, for VAT periods starting on or after 1 January 2023. These rules will come into force for other tax regimes at a future date. You must check the date from which these rules apply for the tax or duty you are dealing with”
Time limits
An assessment of a penalty, including any supplementary assessment, see CH193280, must be made on or before the later of Date A and (where it applies) Date B.
Date A is the end of the period of 2 years beginning with the payment due date.
Date B is the last day of the period of 12 months beginning with
- the end of the appeal period for the assessment of the amount of tax in respect of which the penalty is assessed, or
- if there is no such assessment, the date on which that amount of tax is ascertained.
For Date B, “appeal period” means the period during which—
- an appeal could be brought, or
- an appeal that has been brought has not been determined or withdrawn.
FA21/SCH26/PARA18