CH81030 - In what circumstances is a penalty payable: What period are penalties for inaccuracies charged for

This guidance applies to returns and documents with a filing date on or after 1 April 2009 where the return covers a tax period beginning on or after 1 April 2008 seeCH81011for full details.

Penalties for inaccuracies are chargeable for a tax period. A tax period is

• a tax year
• an accounting period, or
• any other period for which tax is charged or due.