Penalties for Failure to Pay on Time: Other penalty issues: interaction with other penalties
Where a person fails to pay on time for more than one tax type listed in the table at CH151200, then that person is liable to a penalty under each of those items.
There is no provision to reduce the penalties for failing to pay on time by the amount of other penalties that may be imposed on that tax liability.
Furthermore, the legislation says that, for defaults in relation to tax year 2014-15 and later, no account must be taken of any penalties for failure to pay on time when considering
- multiple penalties under section 97A of TMA 197
- inaccuracy penalties (FA07/SCH24/PARA12(2))
- penalties for failure to notify and certain VAT and Excise wrongdoing (FA08/SCH41/PARA15(1)), and
- penalties for failure to file on time (FA09/SCH55/PARA17).