{
  "url": "https://openlegislation.uk/finance-act-2021-schedule-26-second-penalty-assessments-appointed-day-regulation-making-power-regulations-2024/note",
  "json_url": "https://openlegislation.uk/finance-act-2021-schedule-26-second-penalty-assessments-appointed-day-regulation-making-power-regulations-2024/note.json",
  "legislation": "uksi/2024/1132",
  "legislation_title": "The Finance Act 2021 (Schedule 26 Second Penalty Assessments) (Appointed Day: Regulation Making Power) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/finance-act-2021-schedule-26-second-penalty-assessments-appointed-day-regulation-making-power-regulations-2024",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nSchedule 26 to the Finance Act 2021 provides for penalties for failure to pay tax.\nThese Regulations bring that Schedule into force for the purposes of making regulations under paragraph 16(2) of that Schedule.\nParagraph 16(2) of Schedule 26 provides for HMRC to make regulations which allow HMRC to asses a penalty under paragraph 8 (second penalty: tax remains due at end of 30 day period) at times or intervals before the end of the further penalty period.\nA Tax Information and Impact Note has not been prepared for this instrument as it contains no substantive changes to tax policy and is appointed day Regulations.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/1132/note",
    "retrieved_at": "2026-10-28T21:24:43.496320+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}