COM101060 - Penalties: penalty determinations: multiple penalties on a single notice
Penalties for failure to comply with a notice to deliver (Word 29KB) are imposed by
- Paras 17 and 18 Schedule 18 FA 1998 for CTSA return periods
- S94TMA 1970 for CT Pay and File return periods
Because a notice can cover more than one return period (Word 28KB) (Word 28KB), more than one penalty may be due in respect of the same notice.
Example
A Ltd makes up its accounts for the year to 31/12/2000, which is a CTSA return period.
It ceased trading on 30/09/2000 but continued to receive investment income after that date
APs |
9 months to 30/09/2000 |
3 months to 31/12/2000 |
Specified period on notice to deliver |
01/01/2000- 31/12/2000 |
01/01/2000 - 31/12/1996 |
Notice served |
19/01/2001 |
19/01/2001 |
Returns required by notice |
APE 30/09/2000 |
APE 31/12/2000 |
Filing Date |
31/12/2001 |
31/12/2001 |
Return delivered on |
01/02/2002 |
01/02/2002 |
Penalties due under |
Para 17 Sch 18 FA 1998 |
Para 17 Sch 18 FA 1998 |
Amount of penalty |
£100 (Para 14(1)(b) Sch 18 FA 1998) |
£100 (Para 14(1)(b) Sch 18 FA 1998) |
The penalties are incurred in respect of the same notice to deliver and would be charged in the same determination.
For legislation applying to this subject, see COM101011.
