ECH21115 - Penalties: The Expected Offer

Once ECOs have agreed the duties, NIC and interest they should calculate the abated penalty ECH21055 to be sought.

The expected offer is arrived at by adding these figures together and rounding to the nearest £50.

Any rounding up must not take the effective penalty above the statutory maximum cover.

The ECO should then complete form 94(EC). An additional report will be required in reviews which need to be submitted to the Authorising Officer. ( ECH21550)

The expected offer should be agreed with the ECTM and approved by the ECUM ECH21120 before the settlement meeting is arranged.

The 'Accepted by' box will be completed by the ECUM (or the Authorising Officer) at the settlement stage.