Penalties: penalty determinations: multiple penalties on a single notice
Penalties for failure to comply with a notice to deliver are imposed by Paras 17 and 18 Schedule 18 FA 1998.
Because a notice can cover more than one return period more than one penalty may be due in respect of the same notice.
A Ltd makes up its accounts for the year to 31/12/2010.
It ceased trading on 30/09/2000 but continued to receive investment income after that date.
|APs||9 months to 30/09/2010||3 months to 31/12/2010|
|Specified period on notice to deliver||01/01/2010- 31/12/2010||01/01/2010 - 31/12/2010|
|Returns required by notice||APE 30/09/2010||APE 31/12/2010|
|Return delivered on||01/02/2012||01/02/2012|
|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.
See COM101011 for legislation applying to this subject.