Supporting Guidance: employer compliance: guidance by subject: penalties: CIS until 05-04-07 - failure to submit CIS23 Vouchers
COG909570 explains the types of vouchers used under CIS until 05-04-07 and the action to be taken by a contractor / subcontractor.
Where a contractor failed to submit a CIS23 voucher to HMRC he may have become liable to a penalty under S98(1)(b)TMA 1970.
This penalty consists of an initial penalty not exceeding £300 followed by daily penalties not exceeding £60 per day until the failure is remedied.
The initial penalty is determined by the First-tier Tribunal and can be sought even after the failure is rectified. Daily penalties can be authorised by an Authorising Officer but only as long as the failure continues.
- consider whether a penalty is appropriate.
Before pursuing this penalty you should seek advice from Tax Administration Litigation & Advice - see COG904770.