Data gathering: Penalties: Other penalty issues: Overview
A penalty assessment for failing to comply with a data-holder notice is enforced as if it were an assessment of income tax.
The Treasury has the power to change the amount of the
- initial fixed penalty
- daily default penalty
- increased daily default penalty, and
- penalty for inaccurate information or documents.
Any changes to these amounts will be made by regulations.
We cannot charge a penalty for failing to comply with a data-holder notice if the data-holder has been convicted of an offence connected to the failure.